‎Prince Alwaleed, KHC investments in ‘X’, ‘xAI’ hit SAR 28B

‎Prince Alwaleed, KHC investments in ‘X’, ‘xAI’ hit SAR 28B ‎Prince Alwaleed, KHC investments in ‘X’, ‘xAI’ hit SAR 28B

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Prince Alwaleed bin Talal and KHC invested nearly SAR 488 million in “X” (formerly Twitter) in 2011

Kingdom Holding Co. (KHC) said, in 2024, it expanded its investments in “X” platform to include “xAI”, bringing the combined total value of its investments in both platforms to above SAR 28 billion.

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According to the company, Prince Alwaleed bin Talal and KHC invested nearly SAR 488 million in “X” (formerly Twitter) in 2011.

This investment reflects a long-term strategic vision for growth and innovation, it added.

 

Prince Alwaleed bin Talal and KHC invested nearly SAR 488 million in “X” (formerly Twitter) in 2011

Kingdom Holding Co. (KHC) said, in 2024, it expanded its investments in “X” platform to include “xAI”, bringing the combined total value of its investments in both platforms to above SAR 28 billion.

According to the company, Prince Alwaleed bin Talal and KHC invested nearly SAR 488 million in “X” (formerly Twitter) in 2011.

This investment reflects a long-term strategic vision for growth and innovation, it added.

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