Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts

Elon Musk says he wants to see more details about the number of fake accounts on Twitter before his deal to buy the social media platform goes through. He's seen here last week, arriving for the 2022 Met Gala at the Metropolitan Museum of Art in New York. (Angela Weiss / AFP via Getty Images)

Elon Musk said he's putting his $44 billion takeover of Twitter "temporarily on hold," saying that he wants more details about how many of the social platform's accounts are bogus or spam.

The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.