Senator calls for investigation into Saudi stake in Elon’s Twitter buyout

Posted on AllSides October 31st, 2022
From The Left
Kristen Radtke / The Verge; Getty Images

Sen. Chris Murphy (D-CT) is demanding a national security review of Elon Musk’s Twitter takeover and the nearly $2 billion in Saudi funding for the deal.

In a statement on Monday, Murphy called on the Committee on Foreign Investment in the US (CFIUS) to open an investigation into Saudi investment in Twitter. Musk’s deal, totaling $44 billion, includes billions in foreign funding from both Saudi Arabia and Chinese investors. Saudi Arabia’s Kingdom Holding Company and the private office of Prince Alwaleed bin Talal claimed to be Twitter’s “second largest investors,” with a combined stake...

Read full story

The Verge

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
111304/86398
See full bias rating for The Verge
Learn about media bias
https://www.theverge.com/2022/10/31/23432961/elon-musk-twitter-cfius-review-national-security-treasury

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right