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Evening Standard
Evening Standard
Business
Simon Hunt

Elon Musk says Twitter takeover ‘cannot move forward’ until bot numbers verified

Elon Musk said his bid to buy Twitter is on hold ‘temporarily’ (Evan Agostini/AP)

(Picture: AP)

Elon Musk has stoked speculation he may walk away from his $44 billion deal to buy Twitter after tweeting he would not proceed until he had proof that fewer than 5% of accounts on Twitter were fake or spam.

The billionaire tweeted: “My offer was based on Twitter’s SEC filings being accurate. Yesterday, Twitter’s CEO publicly refused to show proof of (less than) 5%. This deal cannot move forward until he does.”

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