Elon Musk is slowing his steamroll of Twitter, citing two-week-old news that bots and spam accounts comprise roughly five percent of the social media platform’s total users. “Twitter deal temporarily on hold,” Musk announced earlier this morning alongside a link to a Reuters report from May 2. The CEO of Tesla and SpaceX quickly followed up with assurances that he is “still committed to acquisition,” although he didn’t provide any additional details on how or when that might happen.
Musk’s latest reverse-reverse-reverse(-reverse?) course clearly has to do with his worries over a totally reasonable and expected number of spam accounts, and not, say, the multiple federal investigations and class-action lawsuits currently brewing in response to his shady takeover tactics. It would appear that attempting to conduct a hostile takeover of a fatally flawed social media platform with the same blustering edgelord tactics you use on trolling your baby mama’s new partner is a terrible approach to business. Would would have thought?
