Friday, May 13, 2022
Elon Musk Gets Cold Feet, Puts Twitter Deal On Hold
Elon Musk appears to have gotten cold feet--or perhaps, is angling to lower the price--on his deal to acquire popular social media app Twitter. According to a post by Musk, who is CEO of Hawthorne-based SpaceX, he is putting the "Twitter deal temporarily on hold", after seeing details on how many users on the service are actually spam or fake accounts.
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
— Elon Musk (@elonmusk) May 13, 2022