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Twitter: Musk, $ 44 billion deal is "temporarily suspended"

2022-05-13T10:49:20.032Z


Stock down to -11% in pre-market. Tesla earns 4.9% (ANSA)


The agreement with

Twitter

is "temporarily suspended pending details that support the calculation that spam / fake accounts represent less than 5% of users".

Elon Musk writes it in a tweet.

It doesn't stop Twitter's pre-market crash after Elon Musk tweeted that its $ 44 billion acquisition is "temporarily suspended" due to a complaint of fake accounts

.

The stock drops 21% in pre-market while Tesla gains around 5% "The average of fake or spam accounts during the first quarter of 2022 represented less than 5% of our monthly daily active users" over the period, Bloomberg reports citing a Twitter document.

Twitter deal temporarily on hold pending details supporting calculation that spam / fake accounts do indeed represent less than 5% of usershttps: //t.co/Y2t0QMuuyn

- Elon Musk (@elonmusk) May 13, 2022

Source: ansa

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