Things are not going well between Elon Musk and Twitter. It all started on May 13. The billionaire surprises everyone by announcing that he will pause the social network’s historic takeover. Question: A very high set of fake accounts that could undermine advertisers’ investment. Twitter later said that this percentage is actually minimal as it will only represent 5% of the total accounts on the platform.
But Elon Musk doesn’t believe it and so he decides to run his own work on his side by passing some confidential information to Twitter’s dismay. Unfortunately for the latter, the results are ambiguous to say the least. Indeed, the research claims that more than 20% of fake accounts are found on the social network. Thunderclap: The situation between Elon Musk and Twitter is escalating.
Will Elon Musk cancel the takeover on Twitter?
In response, Twitter CEO Parag Agrawal said that the method used by Elon Musk and his teams cannot lead to reliable results. For this, it is necessary to analyze the confidential data that only Twitter has. What the person concerned replied to with all the sobriety we know… a poop emoji. The billionaire went even further this morning, tweeting:
“20% fake/spam accounts could be *much* higher despite being 4x what Twitter claims. My offer was based on the accuracy of Twitter’s filings with the SEC. Yesterday, Twitter CEO agreed to show <5% proof. He flatly refused. Until this deal is done, he can't move forward. » If Elon Musk has already said that he has no intention of ending the takeover, it is clear that in the event of an annulment, both parties are right to prepare.
