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Elon Musk: Twitter deal is on hold

Elon Musk announced in a tweet that his $44 billion deal to buy Twitter is on hold, due to a report about spam accounts on the social network being fewer than previously thought.

This is a breaking news story. We will be updating further.

Could the deal fall apart?

Elon announced on May 13 that a report has found that spam accounts make up for 5% of the total userbase on Twitter.

Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users 13, 2022

Due to this revelation, the deal has been put on hold, but it's interesting that only now Musk has decided to do this.

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