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Elon Musk says Twitter has to show spam accounts less than 5% for takeover to go ahead

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Elon Musk has warned his planned $44bn (£34.6bn) deal to buy Twitter will not move forward until the company’s chief executive publicly shows proof the platform has less than 5% spam accounts.
Elon Musk has warned his planned $44bn (£34.6bn) deal to buy Twitter will not move forward until the company’s chief executive publicly shows proof the platform has less than 5% spam accounts. The world’s richest man, who revealed last Friday that the takeover was „on hold“ over the issue, said his offer to buy the company was based on filings by Twitter to the US markets regulator. Twitter estimates that the number of spam/fake accounts represent less than 5% of users but has admitted a constant battle to eliminate them.

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