Musk Suspends Twitter Buyout While Clarifying Details About Fake Accounts

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  • BBC News World

2 hours

image source, Reuters

After all the attention received by what appeared to be one of the biggest stock deals of the year, Elon Musk confirmed that the deal to buy Twitter, valued at $44,000, is on hold.

The decision is made while waiting to receive data on the number of fake or spam accounts that exist on the social network.

He said he was waiting for information “to support [el] calculation of spam or fake accounts represent less than 5% of users.

Musk has weighed in on blocking spam accounts in the past.

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