Musk and Twitter disagree with amount of fake accounts on the site

[JimH52]

Musk: Doubt about spam accounts could scuttle Twitter deal

Tesla CEO Elon Musk says his deal to buy Twitter can’t move forward unless the company shows public proof that less than 5% of the accounts on the platform are fake or spam

abcnews.go.com

Is Musk trying to get out of his deal for Twitter? It sure seems like it.

 

[Moonglow]

Musk: Doubt about spam accounts could scuttle Twitter deal

Tesla CEO Elon Musk says his deal to buy Twitter can’t move forward unless the company shows public proof that less than 5% of the accounts on the platform are fake or spam

abcnews.go.com

Is Musk trying to get out of his deal for Twitter? It sure seems like it.

He wants the stock price to drop so he can offer a lower price if not he may split the scene.

 

[JimH52]

He wants the stock price to drop so he can offer a lower price if not he may split the scene.

and pay Twitter a Billion Dollars. Of course he will challenge that is court...which could take years...by which time he could have launched his own version of Twitter.

 

[turbofish]

It comes down to money and profits [as it should be since it is a business].
Twitter makes the vast majority of its income through advertisers. If advertisers knew that the number of fake accounts visiting their sites from Twitter, the value of those clicks will go down.
Fake accounts will decrease the overall value of the data/sales potential and at this point, it looks like some of these bots are actually created and ran by Twitter itself to artificially boost sales.

 

[Sunni Man]

Musk has realized the Twitter owners hadn't been truthful about the company inner workings.
It's the same thing if a person was about to buy a used car and discovered right before handing over the money. That the dealer had lied about the car's milage and mechanical condition.