Elon Musk finally bought Twitter for $44 billion after a rather controversial offer. While the deal was said to be a “unanimous” decision on part of the Twitter board, it turns out that the deal might still face some hurdles. That is because Musk has now shared that the Twitter deal is on hold at the moment.
Elon Musk has revealed this information via a recent tweet. He mentions that he’s looking forward to more details about spam and fake accounts comprising less than 5% of the total userbase of the company. This is the reason for the temporary hold.
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
Since the news of Musk acquiring Twitter broke, it has been emphasized that Musk wants to promote free speech, introduce new product features, and get rid of spam bots. More might be a part of his roadmap and Twitter is also expected to become a private company post this.
