Elon Musk’s new Twitter investors include Saudi Prince Alwaleed bin Talal, former CEO Jack Dorsey, and the Qatar Investment Authority, according to regulatory filings. The Saudi Prince was quick to endorse Musk’s plan to acquire Twitter, saying in May that Musk would be «an excellent leader» for the social media company, while Dorsey lamented in April that the company was «owned» by Wall Street and said that taking it private was the «correct» first step.
Elon Musk bought Twitter last week for $44 billion with the help of Wall Street bank loans and shareholders who agreed to roll over their interest in the social media service in exchange for a stake of the new private company.
That means Twitter, whose shares were delisted last week after almost a decade as a public company, has a new lineup of top investors.