Elon Musk says Twitter deal ‘temporarily on hold’
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”.
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
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.