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Elon Musk said on Friday that his plan to buy Twitter for $ 44 billion is “temporarily pending” as he tries to determine the exact number of fake social media accounts.
Musk, who has spoken openly about his desire to solve Twitter’s problem with fraudulent profiles, seems to be interested in whether the company has reported them correctly.
“The deal on Twitter is temporarily pending because of details about the fake accounts and whether they actually make up five percent of users,” Musk said, signaling that he doubted the figure was so low.
It is not yet clear whether this could affect the deal.
The value of shares in Twitter and Tesla has taken opposite directions, as Twitter has fallen by 18 percent, while the value of Tesla has risen by five percent. Musk has already sold $ 8 billion worth of shares to fund the acquisition of Twitter.
Some analysts have said that Musk’s declaration could be his strategy to negotiate a lower purchase price for the company, or even to withdraw completely from it, although in that case he would have to pay $ 1 billion. fine dollars. Musk made the announcement a day after Twitter fired two of its key managers. Twitter has said it is suspending most positions, except critical ones.
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