Elon Musk twitter While we are still not fully convinced at the stage of purchasing the platform, there are other developments.
Elon Musk, bought the Twitter platform for $ 44 billion and adjusted the money for it, but as you know, the sale is not yet official. Normally this was expected towards the end of the year. However, Musk, who made a surprise announcement last week, 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 yet come fully. Twitter CEO Parag Agrawal Some statements were made 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 yesterday.” said Musk on Twitter, “The agreement will not proceed this way without proof.” had stated.
There was a legal development that brought Elon Musk and Twitter to the agenda today. Some Twitter investors thank Elon Musk sued for stock manipulation. Musk, who is reported to have taken steps to lower stock prices before the $44 billion purchase, has to pay a large penalty if he loses this case, for which he has not yet given an official answer. can stay.
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Elon Musk from twitter 9.2 percent and became the company’s largest shareholder. Musk is suing exactly on this issue as well. had been. This lawsuit was filed because Musk, while collecting Twitter shares from the stock market, did not notify the US Securities and Exchange Commission (SEC) in a timely manner, thus allowing full disclosure. 156 million dollars as much as one ill-gotten gain achieved. That’s why, and over other damages, some Twitter shareholders have taken a legal action against Musk.