NEW: public filings show that Saudi Prince Alwaleed’s company Kingdom Holdings' investment in Elon Musk’s X may have fallen from $1.9 billion to a valuation of $262 million, but Kingdom Holding recently invested another $400 million in Musk’s xAI, my latest:

#ElonMusk #Musk #PrinceAlwaleed #KingdomHolding #X.com #Twitter #SaudiArabia

https://newstracs.com/new-details-on-saudi-arabian-kingdom-holding-investments-in-elon-musk-businesses/2024/08/23/

The Value of Saudi Investments in Elon Musk's X and xAI

Saudi Prince Alwaleed's Kingdom Holding has a $262 million stake in Elon Musk's X and also invested $400 million in Musk's xAI per filings.

NewsTRACS
@wendysiegelman Yeah, I don't think the return on investment is financial...