Elon Musk now appears to be trying to walk away from his Twitter deal. In his latest tweet, the Tesla CEO said that “this deal cannot move forward” until Twitter proves that less than 5 percent of its accounts are bots as the company has long claimed.
“My offer was based on Twitter’s SEC filings being accurate,” he said. Musk claims at least 20 percent of the accounts are either fake or spam.
Some analysts have suggested this is a gambit to get Twitter for a lower price. But if he backs out of the deal, he risks getting hit with a lawsuit from the social media company for breach of contract that could cost him many billions of dollars.
The development was received with dismayed by right-wing fanatics who have celebrated the prospect of Donald Trump and other MAGA figures returning to the platform.
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