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Musk says no Twitter deal without clarity on spam accounts

Musk says no Twitter deal without clarity on spam accounts

Gulf Times
Tuesday, May 17, 2022 05:08:31 PM UTC

Billionaire Elon Musk said Tuesday that his purchase of Twitter would not go ahead unless he was given assurances on the bots that he says plague the platform, further complicating his acrimonious bid for the social media giant.

The chief of SpaceX as well as Tesla, Musk is currently listed by Forbes as the world's wealthiest person, with a fortune of about $230 billion, much of it in Tesla stock.

Seen by his champions as an iconoclastic genius and by his critics as an erratic megalomaniac, Musk surprised many investors in April with news that he wanted to purchase Twitter.

But his $44 billion bid for Twitter is now "temporarily on hold," pending questions over the social media company's estimates of the number of fake accounts, or "bots."

Read full story on Gulf Times
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