Elon Musk Says Twitter Buyout Won’t Be Done Without Assurances About Fake Accounts

Billionaire Elon Musk has stated that the acquisition of Twitter will not take place until he has guarantees that less than 5% of the accounts on the platform are fake.

Billionaire Elon Musk said Tuesday that the Twitter acquisition will not go ahead until he has assurances that less than 5% of the platform’s accounts are fake.

“Twitter’s CEO yesterday refused to prove that less than 5% of accounts were fake,” tweeted Musk, who has nearly 94 million followers on the social network.

“Until it does, the deal cannot go ahead,” he added.

The CEO of SpaceX and Tesla , he is currently the richest person in the world, according to Forbes magazine , with an estimated fortune of $230 billion.

Musk, considered an iconoclastic genius by his supporters and an erratic megalomaniac by his critics, stunned the world of finance in April when he announced he wanted to buy Twitter.

But his $44 billion bid is on hold until the estimated number of fake accounts, known as “bots,” are resolved.

Twitter CEO Parag Agrawal says that the platform suspends more than half a million apparently fake accounts every day , often before they are public, and that each week it blocks millions of suspected users on suspicion that they are accounts managed by Twitter . a computer application.