The issue of fake accounts on Twitter is not secret.
Stock in both Twitter and Tesla swung sharply in opposite directions Friday, with Twitter’s stock falling nearly 6% and shares of Tesla, which Musk had proposed using to help fund the Twitter deal, jumping nearly 7% in trading before the opening bell.for Musk, as well as the possibility that acquiring Twitter could be a distraction from running the world's most valuable automaker. The proposed deal continued to pressure shares of Tesla, which had already fallen 16% this week.
Money from the new investors cuts the amount borrowed on the value of Tesla stock to $6.25 billion, according to the filing. The Tesla equity share could go from $21 billion to $27.25 billion.
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Twitter Deal ‘Temporarily on Hold,’ Says Elon MuskThe Twitter deal is temporarily on hold, billionaire Elon Musk posted on Friday. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed rep… wait but i thought elon musk officially bought twitter tho or is this deal for something else elonmusk couldn’t get the money because Tesla stock tanked. That’s the face he makes whenever he remembers seeing Amber chewin, not suckin, that P Tang.
Source: Variety - 🏆 108. / 63 Read more »
Elon Musk says Twitter deal 'temporarily on hold'LONDON (AP) — Elon Musk said Friday that his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform. The announcement that the Tesla billionaire tweeted is another twist amid signs of internal turmoil over his planned buyout of Twitter, including that the social media company fired two of its top managers Thursday. 😆😆😆😆😆😆😆😆😆😆😆😆😆😆 Did he short Twitter before publicizing this? 🤔 Knew this would happen.
Source: AP - 🏆 728. / 51 Read more »
Elon Musk says Twitter deal 'temporarily on hold'BREAKING: Elon Musk said that his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform.
Source: wjxt4 - 🏆 246. / 63 Read more »
Elon Musk says Twitter deal 'temporarily on hold'Elon Musk has tweeted that the Twitter deal is temporarily on hold due to the high number of fake accounts. Epic level trolling Is it that weird that people feel the need to talk about subjects with strangers and without leaving a mark? Opinions change, people change. I don’t want people to know who i am and what i said 5 years ago. The internet is a wild west. Its for my own safety. This is a really interesting development as Twitter says less than 5% are fake/spam accounts but has elonmusk's due diligence shown this to be wrong and a much higher number? Could this lead many other issues around Twitter's filings being questioned?
Source: IntEngineering - 🏆 287. / 63 Read more »
Elon Musk says Twitter deal 'temporarily on hold'Elon Musk said that his planned $44 billion purchase of Twitter is 'temporarily on hold' pending details on spam and fake accounts on the social media platform.
Source: dothaneagle - 🏆 337. / 59 Read more »
Elon Musk says Twitter deal ‘temporarily on hold’Elon Musk says his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform
Source: WOKVNews - 🏆 247. / 63 Read more »