Elon Musk’s purchase of Twitter could be terminated if he’s not provided complete information about the actual number of fake and spam accounts on the social network, the billionaire has warned.
That’s forced investors to hit the sell button in the past couple of weeks. Twitter shares have erased all of their gains since the Tesla and SpaceX CEO announced a 9.2 percent stake in the company, which quickly evolved into a $44 billion takeover bid. Shares are trading at about $40, down 22 percent from their peak.
