Elon Musk and Twitter The threads between them came to a breaking point. Tesla CEO, who said that he wanted a more detailed report from the company about bots and spam accounts a while ago, has now announced that he will withdraw from the Twitter deal if detailed information is not provided. Elon Musk won’t buy Twitter?
Elon Musk defames Twitter over spam and fake accounts
Elon Musk has repeatedly made his claim that Twitter hosts more spam and fake accounts than it presents in its financial reports. He even said most recently that he suspended the Twitter deal because those accounts were not publicly disclosed. Now the platform spam and fake accounts threatened over.
Elon Musk’s Twitter offer has expired: Will he buy it?
Twitter said that the waiting period for Elon Musk’s purchase agreement has expired. Will Musk end the $44 billion deal?
In a recent letter to Twitter, the Tesla CEO stated that he wanted more information on what percentage of the accounts on the platform are owned by real people. The Tesla CEO also revealed how serious his claim about spam and bot accounts is.
Twitter management had previously suggested an analytics tool to please Musk. But the billionaire dismissed it, saying Twitter’s testing tools were “pretty careless”. Elon Musk stated that he wants to learn the real numbers instead of Twitter analysis.
In the final dossier on the acquisition, Musk’s “from 229 million accounts It was stated that he wanted to know how many are fake. He stated that if the information about the users is not given to him, he can cancel the agreement completely. well $44 billion acquisitionIt depends on whether Elon Musk is satisfied or not.
In addition, according to the acquisition file, representatives of the Tesla CEO can withdraw from the agreement. If the information Musk requested is not provided, they will conclude “a blatant breach of Twitter’s obligations under the merger agreement.”
In addition to this threat, according to the statement from Twitter a while ago, for the $ 44 billion buyout offer the waiting period has expired. It was stated that Elon Musk has expired to make a decision under the HSR Antitrust Act.
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