"Will Defeat The Spam Bots Or Die Trying!": Elon Musk On Plans For Twitter
NDTV
The billionaire tech mogul has been making headlines recently as he plans a hostile take over of Twitter.
Tesla and SpaceX chief Elon Musk, known for making controversial remarks on social media, today tweeted, "we will defeat the spam bots or die trying!" if his Twitter bid succeeds. He added that authenticating "all real humans" is also part of the plan. Though it's not clear what Mr Musk meant by authentication, his tweet has sparked speculation that he plans to do away with anonymous accounts on the microblogging site. The billionaire tech mogul has been making headlines recently as he plans a hostile take over of Twitter. If our twitter bid succeeds, we will defeat the spam bots or die trying!
Mr Musk recently bought a 9.1 per cent stake in the social media giant to become the second-biggest shareholder of the company. Last week, Tesla's CEO made an offer of 43 billion dollars to buy the social media company, but it seems that the company adopted the 'poison pill' strategy to prevent him from raising his stake in the company.
Mr Musk has secured a funding commitment of 46.5 billion dollars to buy Twitter Inc and is planning to start a tender offer for its shares, a filing with US regulators showed on Thursday. He himself has committed to putting up 33.5 billion dollars, which will include 21 billion dollars of equity and 12.5 billion dollars of margin loans, to finance the transaction.
