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Biden says Musk’s Twitter deal ‘worth being looked at’

President Biden indicated Wednesday that Elon Musk’s Twitter deal, which included funding from Saudi Arabian buyers, ought to be probed however stopped in need of detailing in what means the deal ought to be investigated. 

“I believe that Elon Musk’s cooperation and/or technical relationships with different international locations is worthy of being checked out, whether or not or not he’s doing something inappropriate. I’m not suggesting that. I’m suggesting that it’s price being checked out,” Biden advised reporters Wednesday. 

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When pressed on how to take action, the president stated, “There’s numerous methods.”

Biden’s remarks about Musk’s deal got here whereas he was answering questions following his remarks about Tuesday’s midterm elections. 

Musk closed his $44 billion acquisition of Twitter on the finish of final month. 

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Across the time the deal closed, ending a six-month course of that included a lawsuit geared toward holding Musk accountable for his deal, Saudi Arabian Prince Alwaleed bin Talal al Saud launched an announcement on behalf of Riyadh-based Kingdom Holding Firm (KHC) saying the company’s huge funding in Twitter.

The assertion introduced the rollover of KHC and Alwaleed’s mixed 34,948,975 shares, valued at $1.89 billion, to “the ‘New’ Twitter, led by Elon Musk.”

Days after Alwaleed’s assertion, Sen. Chris Murphy (D-Conn.) referred to as for the Committee on International Funding in america to analyze the deal.


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