Musk asked Twitter to show proof about false accounts to close the purchase.

The founder of Tesla does not believe that the social network only has 5% of spam accounts.

Musk said yesterday that his deal to purchase Twitter might be in jeopardy due to a disagreement over the number of fake accounts on the social media platform. Musk tweeted that the deal “cannot move forward” unless Twitter can demonstrate that less than 5% of daily users are fake or spam accounts. Fueling again, doubts about the operation valued at nearly $44 billion.

Tesla’s founder criticized the explanations offered on Monday by the CEO of Twitter, Parag Agrawal. He said that Agrawal “publicly refused to show evidence” that fake and spam accounts represent less than 5% of the total, as the social network ensures.

The magnate estimates that 20% of the users of the social network are fake or bots, compared to the 5% admitted by the company. This percentage he said was the most conservative threshold of his estimate, according to a report by Bloomberg News.

Musk wants to lower the price of his offer

At the All In Summit, Musk made his strongest comments yet, affirming that he would want to pay less for Twitter than his $44 billion offer last month. As a result, Twitter shares fell because the possibility that the purchase will not be completed.

Do you think Musk genuinely wants proof about false accounts – or is he just trying to get out of the deal? Which number of Twitter false accounts do you think is more accurate, 5% or 20%? Comment on our and let us know your opinion! 

 

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Source: www.cnbc.com

 

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