Saudi Prince Alwaleed's Kingdom Holding put $800M in Musk's xAI

TL;DR


Summary:
- Saudi Prince Alwaleed's Kingdom Holding Company has invested $800 million in Elon Musk's Twitter, becoming one of the platform's largest shareholders.
- The investment is part of Musk's $44 billion acquisition of Twitter, which he completed in October 2022 after a protracted legal battle.
- The deal highlights the growing influence of Saudi Arabia and its royal family in the tech industry, as they seek to diversify their investments beyond the oil and gas sector.

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