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Musk reiterates that Twitter purchase price should ‘absolutely’ be based on number of actual accounts

May 22, 2022 | | Print Article

Billionaire Elon Musk continues to make noises that his purchase of Twitter isn’t a done deal due to the tech giant’s reluctance to be transparent about the number of fake accounts on the platform as he continues to express skepticism about the official numbers.

On Saturday, the SpaceX/Tesla CEO suggested that the cost should be adjusted downward if it is determined that the bots make up 25 percent of Twitter’s user base, he agreed to buy the company last month for $44 billion or $54.20 per share, however the stock has been dropping with uncertainty about the deal growing amidst questions about how many accounts aren’t legit, spooking investors. Twitter shares closed at S38.29 on Friday.

In replying to a Tweet from conservative social media influencer Ian Miles Cheong, who asked “If 25% of the users are bots then the Twitter acquisition deal should cost 25% less,” Musk’s one-word response isn’t likely to calm the nerves of jittery investors.

“Absolutely,” he wrote.

Responding to another user who asked, “Yeah has twitter gotten back to you on how many real active users or same as before,” Musk expressed suspicion over the company’s reluctance to verify the bots.

“No, they still refuse to explain how they calculate that 5% of daily users are fake/spam! Very suspicious.” he said.

Musk had previously announced that he was putting the deal on hold pending details on the calculations behind the number of 5 percent spam/fake accounts that is the company’s number, while emphasizing that he was “still committed to acquisition,” leading to a drawn-out extended explanation from from Twitter CEO on why an external independent audit was impossible, leading to Musk dropping a poop emoji on him.

He explained the stumbling block with Twitter and its bots during an appearance on the All-In Podcast last week, likening the deal to buying a house with termites, saying that it’s a “big deal” if the number of less than 5 percent that Twitter has been “vociferously claiming” is actually four or five or ten times their number.

“It’s like if you said ‘ok, I gonna, I agree to by your house’ you say the house has less than five percent termites, that’s an acceptable number, but if it turns out it is 90 percent termites, that’s not ok, you know, it’s not the same house.”

On Thursday, he posted a meme of two astronauts, one labeled “Elon” looking at a list of tweets with the caption “Wait it’s all bots?” with the other labeled “Twitter Board” holding a gun as if to shoot him in the back with the caption “Always has been.”

It’s been an eventful week for Musk who infuriated leftists when he called out the Democrats as “the party of division and hate,” perfectly nailing it while saying that he would be voting Republican, then being hit immediately afterwards with an allegation of sexual misconduct that came out of left field as so often happens to those who run afoul of the political left.

He also jabbed Twitter over not applying its disinformation policies to a 2016 tweet from Hillary Clinton that promoted the Russia collusion hoax and the debunked fairy tale about the Russian Bank server that was alleged to be covertly communicating with Trump Tower.

Bloomberg reported that Twitter execs will not renegotiate the sale price and that employees were told that the deal is “moving forward as planned” at a town hall meeting last week.

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Chris Donaldson
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5 thoughts on “Musk reiterates that Twitter purchase price should ‘absolutely’ be based on number of actual accounts”

  3. Musk is far more intelligent than all these haters and those on the left who want to take away our freedoms and run the country like Russia, China, N. Korea etc

  4. I can see this going two ways. 1) Musk buys it and fixes it, or 2) He doesn’t buy, and this whole experience exposes Twitter for what it is (a hugely biased purveyor of fake news propaganda), and they are destroyed due to devaluation.

    1. Twit has TWO bad options!! ONE – MR. MUSK proves it’s mostly FAKE ACCOUNTS and pulls out of the deal and TWO – MR. MUSK proves it’s mostly FAKE ACCOUNTS and advertisers file a CLASS ACTION SUIT for FRAUD and take every NICKEL that the twits’ MASTERS have!! OH and THEN is goes kerplunk!!

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