Twitter sale: Elon Musk puts £34.5 billion deal 'on hold' over fake and spam accounts
The billionaire Tesla owner agreed a £34.5 billion deal to take over the social media giant last night, pledging to improve free speech on the site and remove fake accounts.
But in a new tweet, Mr Musk said the deal was now on holding “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users”.
His tweet linked to a report published earlier this month which said Twitter estimates spam and fake accounts comprise less than 5% of its daily users.
Mr Musk – who is reportedly worth £219bn – has not offered any further details on his thinking.
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