After recently suggesting that the Twitter deal is temporarily on hold and turning numerous heads to the spam bots issue on the platform, Elon Musk has thrown yet another clause before he could buy Twitter. Musk has now revealed that the deal will be called off unless Twitter is ready to show the exact stats on spam accounts on the microblogging platform.
This blatant warning comes from a recent tweet, which accuses Twitter of showing the wrong numbers regarding spam accounts on its platform. While Twitter believes it’s less than 5%, Musk suggests that it could account for more than 20% of the total accounts on the platform.
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.— Elon Musk (@elonmusk) May 17, 2022
While we are not sure as to why this concern is being raised after the deal was finalized earlier this month, there could be two possibilities. Firstly, Musk might have changed his mind and is now trying hard to get out of the deal without dealing with much trouble, or secondly, he just wants to complete the deal at a lower price, as suggested earlier today.
