It has something to do with the report that says less than 5 percent of Twitter’s 226 million monetizable daily active users during the first quarter were made of spam accounts.
As the world expects a total Musk acquisition of Twitter, Inc. and the company itself prepares for the expected changes, Elon Musk announced that his deal is “temporarily on hold.” The reason behind this, according to the Tesla and SpaceX CEO, has something to do with the report that says less than 5 percent of Twitter’s 226 million monetizable daily active users during the first quarter were made of spam accounts.
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted on May 13 and added that he is “still committed to acquisition.”
Musk offered to buy Twitter for $44 billion, but the billionaire’s recent tweets indicate the deal will only carry on once the issue is settled. Musk tweeted within the same post that his own team will take steps to investigate the situation.
