Elon Musk Says His Deal to Buy Twitter Is on Hold
3.9k Share this



Elon Musk said his deal to buy Twitter was on hold, raising questions about the takeover and sending shares of the messaging service lower, but he later added that he remains committed to the acquisition.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Mr. Musk said early Friday morning from his verified Twitter account. The Tesla chief executive linked to a May 2 Reuters report about a recent Twitter securities filing with those statistics.

3.9k Share this
You May Also Like

Are HODLers doomed to rely on centralized options?

Self-sovereignty is a core principle in the cryptocurrency space: Investors need to…

Latest updates from the Cointelegraph Davos team

Disclaimer: This article is updated all day long. All time codes are…

Saudi Sovereign-Wealth Fund Buys Stake in Royal’s Investment Firm

Saudi Arabia’s sovereign-wealth fund bought a stake Sunday in a firm owned…

Ralph Lauren Stock To Trade Lower After FY Q4 Results?

HONG KONG, CHINA – 2022/02/10: A pedestrian walks past the American fashion…

Canelo Alvarez Skipping Dmitry Bivol Rematch To Fight Gennadiy Golovkin Next

Rejoice, boxing fans, you got it: a Canelo-GGG trilogy Saul “Canelo” Alvarez…

Activision Blizzard Employees Vote to Form the Videogame Company’s First Union

A small number of workers at one of Activision Blizzard Inc.’s studios…

Beat The Market By Investing In Freedom – And Shunning Places Like Russia And China

When Russia’s invasion of Ukraine sent most emerging-markets funds plummeting, Perth Tolle’s…

Why Is It Normal For You To Worry About Retirement Before You Retire?

getty The clock is ticking towards your final day on the job.…