It’s not as fun a designation as “Tweet Chief”, but still.
The need to file relevant documents with US regulators within ten days of buying a stake in Twitter that exceeds 5% has slightly reduced the degree of intrigue around Elon Musk’s purchase of this company. He was no longer able to joke about Twitter’s lack of an incumbent CEO, and official documents revealed that the billionaire currently is.
Image Source: Bloomberg
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Along the way, it turned out that Musk did not stop buying shares of Twitter even in the summer months, when he openly demonstrated his intentions to avoid a deal on the terms agreed in April. Other major shareholders of the company, as noted in the documents, are Saudi Crown Prince Al-Waleed bin Talal Al Saud (pictured above), who got less than five percent of the shares, as well as Twitter co-founder Jack Dorsey, who owns half the package. An investment structure from Qatar also got a stake in Twitter with a market value of about $ 375 million, and together with the presence of a representative of Saudi Arabia on the list of shareholders, this has already prompted US senators to demand an investigation of the transaction through the Foreign Investment Control Committee.