Elon Musk: Twitter deal 'cannot move forward', here's why

Elon Musk says the Twitter deal 'cannot move forward until' Twitter CEO proves there's only 5% fake/spam accounts, Elon says 20%+

@anthony256
Published Tue, May 17 2022 8:33 AM CDT   |   Updated Mon, Jun 6 2022 2:03 AM CDT

Elon Musk is putting up a fight against Twitter, saying that the "deal cannot move forward" until current Twitter CEO Parag Agrawal proves his claims that less than 5% of Twitter users are fake/spam accounts.

In a new reply tweet to @Teslarati on Twitter, which shared an article and tweeted "Elon Musk may be looking for a better Twitter deal as $44 billion seems too high with 20% of users being fake or spam accounts".

Musk replied, tweeting: "20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. My offer was based on Twitter's SEC filings being accurate. Yesterday, Twitter's CEO publicly refused to show proof of <5%. This deal cannot move forward until he does".

The bigger fact here is that Musk eluded to there being much more than 20% fake/spam accounts, as he says that "could be *much" higher". Emphasizing the "much" higher than even the 20% claims (which are 4x higher than Twitter's internal claims of 5% fake/spam accounts).

Elon Musk: Twitter deal 'cannot move forward', here's why 04 | TweakTown.com
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Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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