Elon Musk Says Twitter Acquisition Is 'Temporarily On Hold'
Newsy
The Tesla and SpaceX CEO indicated skepticism about the estimated number of spam accounts that Twitter reported in a quarterly financial filing.
Elon Musk said Friday that his plan to buy Twitter for $44 billion is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media platform, another twist amid signs of internal turmoil over the proposed acquisition.
Musk, who has been vocal about his desire to clean up Twitter's problem with “spam bots” that mimic real people, appeared to question whether the company was underreporting them.
In a tweet, the Tesla billionaire linked to a Reuters story from May 2 about a quarterly report from Twitter that estimated false or spam accounts made up fewer than 5% of the company’s “monetizable daily active users” in the first quarter.
