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Deal Won't Move Forward Till...: Elon Musk's Ultimatum To Twitter CEO

Deal Won't Move Forward Till...: Elon Musk's Ultimatum To Twitter CEO

NDTV
Tuesday, May 17, 2022 10:02:19 AM UTC

Elon Must said in a tweet, "My offer was based on Twitter's SEC filings being accurate. Yesterday, Twitter's CEO publicly refused to show proof of WorldReutersUpdated: May 17, 2022 2:12 pm IST

Elon Musk said on Tuesday his $44 billion offer would not move forward until Twitter Inc shows proof that spam bots account for less than 5% of its total users, hours after suggesting he could seek a lower price for the company. 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

"My offer was based on Twitter's SEC filings being accurate. Yesterday, Twitter's CEO publicly refused to show proof of

After putting his offer on hold last week pending information on spam accounts, Musk said he suspected they make up at least 20% of users - compared with Twitter's official estimates of 5%.

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