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May 13, 2022
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Elon Musk suspends the purchase of Twitter for now

Musk Twitter

MuskTwitter

Elon Musk announced this Friday that he is provisionally suspending the purchase of Twitter, pending details on the proportion of false accounts on the social network.

“The agreement on Twitter is temporarily suspended pending details that support the calculation that false accounts represent less than 5% of users,” announced, precisely on Twitter, the richest man in the world and responsible for Tesla.

Following this message, the group’s share fell 20% in electronic trading prior to the opening of the Wall Street stock market and stood at just over $36 on Friday at noon, well below $54.2 per share. , proposed by the billionaire.

Twitter was contacted by the AFP but has not commented so far.

Musk made rooting out fake accounts and user transparency central to his purchase of Twitter, for which he offered $44 billion last month.

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