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View Full Version : Elon Musk Puts Twitter Deal ‘On Hold'



jimnyc
05-13-2022, 10:34 AM
Cold feet? Saving money? Trying to lower price? Or just outright truth of concern about bots?

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Elon Musk Puts Twitter Deal ‘On Hold,’ Stock Plummets 15% in Pre-Market Trading

Tesla CEO Elon Musk has reportedly placed his $44 billion deal to acquire Twitter on hold pending an investigation into bot accounts on the platform. The stock has plummeted more than 15 percent in pre-market following Musk’s announcement released on his Twitter account. In a follow up post, Musk added that he is “still committed to the acquisition.”

Tesla and SpaceX CEO Elon Musk has tweeted that his deal to purchase Twitter is currently “on hold” while an investigation into the number of bots and spam accounts on Twitter is completed. Twitter claimed in a recent filing that less than five percent of its daily active users were fake or spam accounts, now Musk appears to want to confirm this claim, which is lower than most estimates.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a tweet.

Rest - https://www.breitbart.com/tech/2022/05/13/elon-musk-puts-twitter-deal-on-hold-stock-plummets-15-in-pre-market-trading/


“No Way Elon Musk Is Going to Buy Twitter…A Company Largely Based on BOTS and Spam Accounts” President Trump on Elon Musk’s Twitter Deal

President Trump opined this morning on Elon Musk’s purchase of Twitter. His thoughts were posted on his new social media platform – Truth Social.

We reported this morning that Elon Musk is putting his bid on purchasing Twitter on hold. This is based on the fact that Twitter’s report of the number of bots on its platform may be understated.

President Trump created his new social media platform named – Truth Social. This morning he responded to the news that Musk is putting his purchase of Twitter on hold. President Trump shared:


There is no way Elon Musk is going to buy Twitter at such a ridiculous price especially since realizing it is a company largely based on BOTS or Spam Accounts. Fake anyone? By the time you get rid of them, if that can even be done, what do you have? Not much? If it weren’t for the ridiculous Billion-Dollar breakup fee, Elon would have already been long gone. Just my opinion, but Truth Social is MUCH better than Twitter and absolutely exploding, incredible engagement!

Rest - https://www.thegatewaypundit.com/2022/05/no-way-elon-musk-going-buy-twitter-company-largely-based-bots-spam-accounts-president-trump-elon-musks-twitter-deal/

revelarts
05-13-2022, 10:37 AM
time to buy stock

jimnyc
05-13-2022, 10:42 AM
time to buy stock

We think alike! First thought I had when I saw how much it dropped this AM!