Elon Musk's $44bn Twitter takeover deal is on hold

IconCrypto News Terminal24 Apr, 2024

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Elon Musk's $44bn Twitter takeover deal is on hold

Elon Musk's $44 billion Twitter takeover deal is on hold as he seeks more information about the number of bot accounts on the social media platform. Musk has repeatedly expressed concerns about the number of fake and spam accounts on Twitter. Twitter has said it is "committed to working through the transaction according to the terms and conditions as agreed". However, some analysts believe that Musk may be looking for a way to get out of the deal. Previously on 26 April 2024 - Elon Musk has threatened to pull out of his $44bn takeover of Twitter.