Elon Musk now says he is “still committed to the Twitter acquisition,” hours after writing that the $ 44 billion deal has been “temporarily suspended,” which has had a huge impact on Twitter’s stock and has contributed to the quality of the circus show. . .
Musk said he then expects further details and due diligence on the social media platform to announce that less than 5% of his daily monetized active users are fake or spam accounts.
Shares of Twitter rose a few dollars after the tweet number. 2 this morning, but it’s still down 12% at $ 39.50, much lower than Musk’s price of $ 54.20, as Wall suggests he might try to reject the purchase or renegotiate the price.
Still loyal to the acquisition
-Elon Musk (@elonmusk) May 13, 2022
The richest man in the world posted on Twitter the latest hour of hanging the deal pending details to support the calculations, which went viral on Twitter on Monday. The tweet is inactive.
Musk seems to suggest he won’t continue shopping until Twitter shows more evidence to support Spambo’s claim.
Like never before with a Tesla CEO, his intentions regarding the move are hard to pin down.
The statement, cited in a Reuters article linked by Musk, says less than 5% of monetized active Twitter users had fake or spam accounts in the first quarter of this year.
Musk said one of his priorities after the deal is completed will be removing these spam bots from the platform.
There has also been a lot of speculation that Twitter could buy it, paving the way for the platform’s return to former POTUS Donald Trump, known to have been banned after the Capitol riots.
Following the news, Twitter’s share price fell 23% in pre-market trading.
Jill Goldsmith contributed to this report
Source: Deadline
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