Twitter CEO Gives Update On Musk M&A, Company's Future: Here's What He Said

Following the news of Tesla (NASDAQ:TSLA) CEO Elon Musk putting his acquisition of Twitter (NYSE:TWTR) on hold, current Twitter boss Parag Agrawal had something to say.

Here’s some background: Musk tweeted early Friday morning that the “Twitter deal [is] temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users’.” He later followed up by saying he’s “still committed to the acquisition.”