Elon Musk on Twitter: ‘Twitter Deal Temporarily on Hold Pending Details Supporting Calculation That Spam/Fake Accounts Do Indeed Represent Less Than 5 Percent of Users’

CNBC:

Elon Musk announced Friday that his Twitter deal is on hold until he receives more information about how many fake accounts there are on the social media platform.

In a follow-up tweet around two hours later, Musk added that he was “still committed to the acquisition.” Twitter’s stock plummeted 18% in premarket trading following the initial announcement, but trimmed some losses after the second tweet.

Have you ever been at an amusement park that was nearly empty, such that you can go on the best roller coaster, get off, and go right back on again without a wait? And after a couple of rides you’re like, “OK that’s enough.”

★ Friday, 13 May 2022