Elon Musk Not Buying Twitter
Yesterday, Twitter's CEO publicly refused to show proof of <5% (spam accounts). This deal cannot move forward until he does.
Elon Musk said on Tuesday his $44 billion offer would not move forward until Twitter shows proof that spam bots less than 5%.
Elon Musk Twitter- What He Said
Elon Musk Not Buying Twitter- 20% Spam
Musk said he suspected they make up at least 20% of users - compared with Twitter's official estimates of 5%.
You can't pay the same price for something that is much worse than they claimed," he said at at the All-In Summit 2022.
Elon Musk Twitter- Summit 2022 Conference
Elon Musk Not Buying Twitter- Complex
They claim that they've got this complex methodology that only they can understand... It can't be some deep mystery.
The stock had on Monday dropped more than 8% to close at $37.39, lower than its level the day before Musk revealed.
Elon Musk Twitter- Share Drops 8%
Elon Musk Not Buying Twitter- Advertisers
So how do advertisers know what they're getting for their money? This is fundamental to the financial health of Twitter," he wrote.
Musk has pledged changes to Twitter's content moderation practices, railing against decisions.
Elon Musk Twitter- Content Moderation
Elon Musk Twitter- Swipe Up For More!!!
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