- Alwaleed bin Talal Regulatory documents reveal the Saudi prince transferred roughly 35 million Twitter shares through the Kingdom Holding Co., worth $1.9 billion at $54.20 per share. The new parent company’s “second-largest investor” was him.
- In May, Alwaleed called Musk “an outstanding leader” for Twitter.
- Twitter co-founder and former CEO Jack Dorsey rolled over 18 million shares, or 2.4% of the public firm, valued $978 million at the merger price.
- QIA Qatar’s national wealth fund subsidiary gave $375 million for Musk’s holding company shares.
