Despite the upheaval that has followed the US billionaire’s purchase of Twitter Inc., the CEO of the Qatar Investment Authority has stated that the sovereign wealth fund supports Elon Musk’s vision for the company.
In an interview with Bloomberg Television at Davos on Monday, CEO Mansoor Al Mahmoud stated, “We engage with the management, with Elon in terms of the plan that he has for the company, and we believe in this, and we trust his leadership in terms of turning around the company.” The executive said that the QIA hasn’t requested Twitter’s CEO to limit his tweeting since the organization isn’t “engaged to that level.”
For example, the QIA contributed $375 million to the $44 billion transaction to acquire Twitter. Concerns have been raised regarding Twitter‘s ability to continue operations and enforce content guidelines in light of the exodus of employees that has resulted from the acquisition as Musk attempts to save expenses.
CEO of the Qatar Investment Authority has said that the sovereign wealth fund backs Elon Musk‘s vision for Twitter Inc., despite the turmoil that has ensued since the US billionaire’s purchase of the firm.
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