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Elon Musk says ‘Twitter deal temporarily on hold’
Washington, May 13: Tesla CEO Elon Musk said on Friday his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts.
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk said in a tweet.
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
— Elon Musk (@elonmusk) May 13, 2022
Twitter's stock has plunged over 19 percent, on the other hand, Tesla has risen 5 percent on the US futures in pre-market trade.
Musk had earlier said that one of his priorities would be to remove "spam bots" from the platform.
This came
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