Poor Elon Musk aka Phony Stark Looks To Drop Twitter Bid, Critics Call Cap

May 18, 2022

Billionaire investor and entrepreneur Elon Musk is apparently seeking to drop his highly publicized bid to take over Twitter, but critics are poking holes in his reasoning for doing so.

According to reports, Musk has stated that he cannot move forward with his $44 billion offer to purchase the wildly influential social media platform Twitter “unless the social media giant can prove bots make up fewer than 5% of its users,” which he has claimed was one of the reasons he sought to purchase the platform in the first place. In a response to a filing from Twitter Inc. with the SEC that spambots represent less than 5% of Twitter users, Musk clarified his position on Twitter, writing: “My offer was based on Twitter’s SEC filings being accurate. Yesterday, Twitter’s CEO publicly refused to show proof of <5%. This deal cannot move forward until he does.”

#college

 

View Original Source