
Source: Zero Hedge
We were wondering how long before Elon Musk responded to the outspoken Saudi prince Alwaleed bin Talal, perhaps best known for being held under hotel arrest 5 years ago until he pledged his allegiance to the new Saudi royal family and liquidating much if not all of his assets in the process. As a reminder, earlier today, the Saudi billionaire (or maybe millionaire, nobody really knows any more), tweeted that he doesn’t “believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects. Being one of the largest & long-term shareholders of Twitter, @Kingdom_KHC & I reject this offer.”

I don't believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects.
— الوليد بن طلال (@Alwaleed_Talal) April 14, 2022
Being one of the largest & long-term shareholders of Twitter, @Kingdom_KHC & I reject this offer.https://t.co/Jty05oJUTk pic.twitter.com/XpNHUAL6UX
That, as we noted earlier, was an odd thing to say, because whereas bin Talal was indeed a sizable holder in 2015, a quick look at the largest holders did not reveal either bin Talal or Kingdom Holdings as a major shareholder.
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That was not lost on Musk who shortly after 3pm, decided to take his hostile feud with holdout shareholders – like bin Talal – direct to twitter itself, and roasted the Saudi with “just two question” – i) how much Twitter does bin Talal own currently and ii) a reference to Saudi Arabia’s legendary “freedom of speech.”
Interesting. Just two questions, if I may.
— Elon Musk (@elonmusk) April 14, 2022
How much of Twitter does the Kingdom own, directly & indirectly?
What are the Kingdom’s views on journalistic freedom of speech?
And just like that, Elon demonstrates why the hostile war for twitter will be long and bloody – especially for humorless snowflake supporters of censorship – any why the world’s richest man will most likely previewl in the end.
I’m sure there is a lot of hand wringing going on at Twitter right now. It will be very interesting to see how this all plays out.