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Elon Musk says Twitter deal temporarily on hold

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Elon Musk, a billionaire, announced on Friday that his $44 billion deal for Twitter, the microblogging and site, is temporarily on hold.

Elon Musk says Twitter deal temporarily on hold

Elon Musk says deal temporarily on hold

Musk disclosed this in a tweet via his handle, citing pending details on spam and fake accounts.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted.

Musk, the world’s richest man, had said that one of his priorities would be to remove “spambots” from Twitter.


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He recently bought Twitter for $44 billion and is expected to serve as a temporary CEO for a few months.

The 50-year-old has been giving insight into what the platform under him will be like.

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