Musk continues to toy with possible Twitter takeover

The Tesla CEO had actually already retired from the business.  Source: AP
Elon Musk

The Tesla CEO had actually already retired from the business.

(Photo: AP)

Bangalore Tesla boss Elon Musk continues to sow confusion over a potential takeover of Twitter. On Saturday, Musk again dealt with the controversial question between himself and the company in entries on the short message service, how many Twitter user accounts are fake. Musk said the number was greater than the company’s stated range of less than five percent. On Saturday, Musk proposed settling the issue in a public debate with Twitter CEO Parag Agrawal and through a public vote.

Musk also wrote that the acquisition could go ahead as planned if Twitter explained its method for verifying the authenticity of 100 customer accounts. But if it turns out that the notifications to the US Securities and Exchange Commission are fundamentally wrong, then not. When asked by Reuters, Twitter declined to comment on Musk’s tweet.

Musk actually wanted to take over Twitter for $44 billion, but dropped his plan. As a reason, Musk stated that Twitter had broken several points of the takeover agreement. One point of contention is the proportion of fake user accounts.

Twitter has sued Musk over his withdrawal. Musk immediately responded with a counterclaim. He had been deceived, it said in the indictment, which became known on Thursday. Twitter rejected the allegation. That is unbelievable and does not correspond to the facts.

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