:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/mentormedier/OB4SUDPFIF7VNMK6DYL2S5OYDE.jpg "American authorities are investigating Musk’s Twitter purchase – Dagsavisen")
The Treasury in Washington is investigating whether they have the legal authority to launch an investigation. The reason is Musk’s relationship with governments and foreign investors, according to sources familiar with the matter Washington Post.
The newspaper wrote that authorities were concerned that large foreign investors could gain access to classified information. Investigations of this type are unusual, and often no investigations are initiated, the report said.
The White House is said to have previously considered the possibility of investigating the acquisition given the consequences for national security, according to the Washington Post. The FBI is said to also be looking at the risks associated with counter-espionage. It is not known whether this assessment is still ongoing.
After Musk’s acquisition of social media, Saudi Arabia’s prince Alwaleed bin Talal bin Abdulaziz has become the second largest shareholder. The prince himself stated that in one twitter message Friday.
Musk himself is the largest shareholder, Twitter’s sole board member and CEO after the acquisition. He paid $44 billion for the company. He has raised most of the money by, among other things, selling Tesla shares, but $13 billion – about NOK 135 billion – has been lent by a group of major banks led by Morgan Stanley.
The financing agreement in accordance with Financial time one of the largest ever staged on Wall Street.
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