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May 13, 2022
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Elon Musk suspends the purchase of Twitter

Elon Musk suspends the purchase of Twitter

Elon Musk announced this Friday that provisionally suspends the purchase of Twitter, waiting for details about the proportion of false accounts in the social network.

In context: Elon Musk completed the purchase of Twitter for more than 44,000 million dollars

“The agreement on Twitter is temporarily suspended”announced, precisely on Twitter, the richest man in the world and head of Tesla. After this message, the group’s stock fell 20% in electronic exchanges prior to the opening of the Wall Street stock market.

You may be interested in: Elon Musk wants to lift Trump’s ban on Twitter

After this message, the group’s stock fell 20% in electronic trading prior to the opening of the Wall Street stock market and it was located in something more than 36 dollars on Friday at noon, very below 54.2 dollars per share, proposed by the billionaire.

Also read: Elon Musk launches offensive to buy Twitter

Twitter was contacted by AFP but had no immediate comment. Musk made the eradication of fake accounts and user transparency one of the central issues for his purchase of Twitter, for which offered $44 billion last month.



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