NPR: Elon Musk says he’s put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts “do indeed represent less than 5%” of Twitter’s users, as the company has estimated.
Elon Musk said he was “still committed” to his acquisition of Twitter, after he sent a pre-dawn tweet saying that the $44 billion deal was “temporarily on hold.” Shares in the platform fell about 20% in premarket trading.https://t.co/ohFRQGKk9V
— The New York Times (@nytimes) May 13, 2022