Elon Musk: Twitter Deal ‘Cannot Move Forward’ Until Bot Data Clarified  

Elon Musk: Twitter Deal ‘Cannot Move Forward’ Until Bot Data Clarified  
Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art in New York on May 02, 2022. Dimitrios Kambouris/Getty Images for The Met Museum/Vogue
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Twitter shares tumbled again after Elon Musk said that his $44 billion purchase of the social media platform “cannot move forward” until there is more clarity on the website’s spam bots.

“My offer was based on Twitter’s SEC filings being accurate,” Musk wrote on Twitter Tuesday. “Yesterday, Twitter’s CEO publicly refused to show proof of <5%. This deal cannot move forward until he does.”
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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