Two weeks ago it was happening: Elon Musk buys Twitter for $44 billion (excluding fees and interest). But now the takeover has been halted.
Takeover halted; Image: GQ
The "Next I'll buy..." jokes are now turning into pure seriousness. Because not even a month after Musk's offer was accepted, the acquisition has been halted. Because according to a report by the US Financial Supervisory Authority, Twitter claims that less than 5% of all users on Twitter are spam or fake accounts.
However, the five percent figure is only an estimate. It could be that there are significantly more fake or spam accounts on the social media platform. The report went on to say that these malicious accounts are already not included in the monthly active users. Musk now wants to check this.
When the tweet of Elon musk was published, the Twitter share fell by over 9% on the pre-market. Currently, the price per share is below $42. Below you can find the live ticker of Twitter stock:
