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Elon Musk says a lower price for Twitter is ‘not out of the question.’

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Mr. Musk has been creating confusion around whether the Twitter deal will close, causing the social media company’s share price to fall.
Elon Musk threw another curveball at his takeover of Twitter on Monday. At a technology conference in Miami, Mr. Musk, the world’s richest man, said striking a deal for Twitter at a lower price was “not at the out of the question,” according to a person who attended the event. Mr. Musk’s comment came in response to a question over whether he would renegotiate his planned $44 billion acquisition of Twitter over its stated figures of how many bots, or spam accounts, exist on the social media service, the attendee said. Mr. Musk said that Twitter’s figure — less than 5 percent of all accounts — was difficult to believe. Twitter’s shares fell 8 percent on Monday to close at $37.39. That was far below the $54.20 a share that Mr. Musk agreed to pay last month to buy the social media company. Mr. Musk, who also leads the rocket company SpaceX and the electric automaker Tesla, has unleashed confusion over the state of the deal.

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