Elon Musk: Twitter acquisition suspended due to fake users

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Billionaire Elon Musk confirmed Tuesday that his move to acquire Twitter remains open on what he called “very important” questions about the number of fake users on the social network.

In response to a question during his participation via video communication technology at the Qatar Economic Forum held in Doha, Musk stressed that the issue is “sensitive … there are still some unresolved issues.” The billionaire added that this includes “if the number of fake and spam users on the system is less than five percent according to their claims, which I don’t think reflects most people’s experience when using Twitter.” “We are still waiting for a decision on this issue, which is a very important issue,” he said.

Elon Musk: Twitter acquisition suspended due to fake users

Musk also said there are questions about Twitter’s debt and whether shareholders will vote in favor of the deal, noting, “I think these are the three things that need to be resolved” to complete the deal. Since announcing his purchase of a large stake in the company in early April, Musk has sent mixed signals about the acquisition, posting mostly critical and sometimes offensive tweets on the 98 million user platform. In response to a question about the upcoming presidential election in the United States in 2024, Musk confirmed that he hasn’t decided who he will support, but is ready to provide a figure ranging from 20 to 25 million dollars to support his favorite candidate. Musk had previously stated that he could have supported Florida Republican Governor Ron DeSantis.

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