Qatar investment boss: “We trust Elon Musk’s Twitter plan”

“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,” Al Mahmoud said in a Bloomberg Television interview at Davos on Monday.

The executive said the Qatar Investment Authority hasn’t asked the Twitter chief to cut back on tweeting, saying that the fund isn’t involved “to that extent.”

Qatar investment plan

The QIA helped finance the acquisition of Twitter, contributing $375m to the $44bn deal.

The acquisition has triggered an exodus of workers as Musk looks to cut costs, raising concerns about whether Twitter can sustain its operations and regulate content.