Elon Musk puts the Twitter deal on temporary hold pending confirmation of spam/fake accounts

-

-Advertisement-

Tesla & SpaceX CEO Elon Musk who has been pursuing the acquisition of Twitter for about a month now has just posted on Twitter that the deal has been put on a temporary hold. He announced this in an early morning tweet that he published around 5 AM Austin, Texas-time where he has his basic home instead of California.

The reason for this hold he explained is a filing that Twitter has placed on Monday which states that the social media platform has less than 5% spam/fake/bot accounts (reported by Reuters).

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted.

Tesla Accessories by EVANNEX.
– Sponsored –

Musk has not posted any further comments under the above tweet and hasn’t put forward more details on how long this temporary hold will stay in place. But it is clear that he is probably not convinced that Twitter has less than 5% spam & bot accounts. He probably believes there are way more bots on the social media platform than this tiny figure.

Elon Musk will try his best to validate Twitter’s claim of less than 5% bots, spam, and fake accounts to finalize the deal. If Twitter’s claim does not validate, the $44 billion deal might need further negotiation.

Musk’s prime target after taking over Twitter management and oversight was to eradicate all bot accounts from the database of the social media giant.

Hopefully, this will be a “temporary” hold on the Musk-Twitter deal, otherwise, it will be one of the biggest hiccups in the history of Silicon Valley.

Update: Elon Musk later on tweeted that he’s still committed to the acquisition of Twitter.

Stay tuned for more Elon Musk news, and videos. Follow us on:
Google News | Flipboard | RSS (Feedly).

Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. You can reach him on Twitter @IqtidarAlii

Latest News

Tesla Roadster to get radical design changes, an even better 0-60 time, and shipped next year — Elon Musk

Tesla (TSLA) CEO Elon Musk dug some of his old X posts (tweets) from 2018. These buried tweets were...

Vandals fail to break the Cybertruck glass in California — Elon Musk says it’s the finest in apocalypse defense technology

A Tesla Cybertruck owner and influencer Arash Malek (@MinimalDuck) from California is the first one to face vandalism on...

Cybertruck rust or just dust — and how to fix the issue

It has been almost 3 months since Tesla started delivering its most awaited electric pickup truck — the Cybertruck....

Study: The Current Generation of Students Is Pushing for Sustainable Electric Vehicles

Sustainability is a crucial factor directly influencing consumer choices, particularly among Gen Z students. Within the auto market, younger...
- Advertisement -

Starship 28 stacked on Booster 10 for the first time in preparation for Flight 3 orbital launch test

Yesterday, Elon Musk's SpaceX moved the next candidates for Starship Flight 3 to the Orbital Launch Mount (OLM) at...

Starship Flight 3 likely to reach orbit, Elon Musk explains the reason for Flight 2 explosion and achievements of 2023

This past Friday, SpaceX CEO Elon Musk gave almost an hour-long presentation at the Starbase Rocket Garden. The vibrant...

SpaceX ends 2023 with a major Starship Flight 3 milestone — 33 engine Booster 10 static fire test

Elon Musk's commercial spaceflight and space exploration company SpaceX completed its year with a major Starship milestone. On Friday...

Tesla Tips & Tricks

Tesla phone app lets owners remotely melt snow off their cars (video)

Tesla cars have some super-nice climate features that other...

Here’s how to access the Cybertruck tow hitch — watch it haul a 3,000lbs Brawley EV

Tesla Cybertruck has a rated towing capacity of 11,000...

Tesla Quarterly Reports & Eearnings

- Advertisement -

You might also likeRELATED
Recommended for You