Elon Musk twitter not convinced at the time of purchasing his platform. The expected official step in this regard has been taken.
Elon Muskbought the Twitter platform for $44 billion on paper and adjusted the money for it, but the sale was not made official. Normally this was expected towards the end of the year. However, Musk, who made a surprise announcement last month, Twitter deal is temporarily suspended and whether spam/fake accounts really represent less than 5 percent of users announced that it is awaiting verification. This verification has not come fully. Twitter CEO Parag Agrawal Some statements were made last month by Musk, but they did not please Musk. Because, according to the accounts, more than 20 percent of Twitter fake / spam / bot It consists of accounts, and Musk also believes it, although he has no evidence of it. “Parag Agrawal confirmed the 5 percent figure with his statements.” said Musk on Twitter, “The agreement will not proceed this way without proof.” and once again expressed his opinion clearly.
Later, Elon Musk’s lawyer made an SEC-based statement. “This (Bot status) is a blatant breach of Twitter’s obligations under the merger agreement, and Elon Musk the right not to complete the transaction and the right to terminate the merger agreement. reserves all rights arising from it, including said.
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Here’s an official statement a little while ago, and the Twitter reception has ended for now. The process is not 100% certain, and it is said that some legal steps can be taken to make the Twitter sale over $44 billion. However, Musk clearly wants to withdraw from the process for the time being. According to the post, Elon Musk was not at all satisfied with the statements made by Twitter and the lack of clarity on certain issues. Musk’s decision was generally well received because most people did not want this sale to happen. Many feared that Elon Musk would make Twitter a worse place.