• Elon Musk's $44 Billion Twitter Deal on Temporarily Hold, Stock Tanks

    6 days ago - By TMZ

    Elon Musk is nothing if unpredictable, so he was true to form in a stunning announcement... he's putting the brakes on the Twitter deal, and the reaction is telling. Elon just said he's putting a temporary hold on his $44 billion acquisition of...
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  • Musk Says Twitter Deal Is on Hold Pending “Fake Account” Report

    Musk Says Twitter Deal Is on Hold Pending “Fake Account” Report

    6 days ago - By Observer

    Elon Musk tweeted early Friday that his deal to acquire Twitter was on hold pending details on the number of “fake accounts” on the platform.
    “Twit­ter deal tem­porarily on hold pend­ing de­tails sup­port­ing cal­cu­la­tion that spam/fake ac­counts do in­deed rep­re­sent less than 5% of users,” Musk said.
    Hours later, he added that he is still committed to the deal.
    Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users
    - Elon Musk May 13, 2022
    The linked Reuters article concerns a recent Twitter SEC report...
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