Elon Musk says Twitter deal ‘temporarily on hold’

Elon Musk

Today Elon Musk tweeted and said the deal is now on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users”.

His tweet linked to a report published earlier this month which said Twitter estimates spam and fake accounts comprise less than 5% of its daily users.

It is unclear why Mr Musk has said this detail would compromise the deal, and the Tesla boss has not tweeted any further on the issue.

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