Musk financed part of his $44 billion purchase of Twitter with the help of Saudi Prince Alwaleed and a Qatar fund. twitter alabamanewsnetwork
President Biden said on Wednesday that the role of foreign investors in funding Elon Musk's $44 billion purchase of Twitter is"worth being looked at."
Mr. Biden made the comment in response to a question at a press conference about whether Musk's actions — including securing the backing of Prince Alwaleed bin Talal of Saudi Arabia and Qatar Holding, an investment firm owned by the Arab country's sovereign wealth fund, to help fund his deal to buy Twitter — could post a threat to U.S. national security.
"I think that Elon Musk's cooperation and/or technical relationships with other countries is worthy of being looked at," Mr. Biden said."Whether or not he's doing anything inappropriate, I'm not saying that, but it's worth being looked at." Musk financed much of the purchase through his own fortune, but $7.1 billion was provided by equity investors including fellow billionaire Larry Ellison as well as foreign sources, such as Prince Alwaleed and Qatar Holding,The importance of Twitter"as a platform for political discourse in the U.S.
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