Will Elon Musk buy Twitter? First-hand explanation!

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Will Elon Musk buy Twitter? First-hand explanation!

Will Elon Musk buy the Twitter platform? Some time ago, there was a first-hand statement on the subject.

Will Elon Musk buy Twitter? First-hand explanation!

The uncertainty between Elon Musk and Twitter continues. The businessman suspended his purchases last week after the platform announced fake and spam accounts. Musk, who said he would not do anything until the data in question was confirmed, has not backed down from his decision so far.

Twitter claims that fake and spam accounts account for less than 5 percent of total users, but reports suggest the opposite. Will there be a deal under these circumstances? Recently, the official statement on the subject came.

Twitter: We are committed to the fact that there will be a deal

In line with the developments so far, we can say that Elon Musk does not believe Twitter’s fake and spam account statement. Because this rate announced by the platform, if we look at the reports shared on the subject, is at a very low level.

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For example, third-party research firms SparkToro and Followerwonk recently published a report revealing that 19.42 percent of the 44,058 accounts active on Twitter in the last 90 days were fake or spam. In addition, Elon Musk, who has 93.4 million followers, has 23.42 percent of the 26.8 million followers active in the last 90 days.

In the research, it was emphasized that if the last 90 days criterion is removed, an estimated 70.23 percent of Elon Musk’s followers may be fake or spammy. So this data is 4 times that of Twitter.

Despite this disagreement, Twitter believes the deal will be completed in a positive way. The company has pledged in its SEC filing released last night that the deal will be completed as soon as possible without any changes in price and terms.

Elon Musk wants to lower the price in his Twitter deal!
Let us state that there is another important detail here. According to Bloomberg, Elon Musk wants to reduce the price of the deal after the number of fake and spam accounts is higher than expected. However, for now, there are no developments on this issue.


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