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.
— Elon Musk (@elonmusk) May 21, 2022
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.
No, they still refuse to explain how they calculate that 5% of daily users are fake/spam! Very suspicious.
— Elon Musk (@elonmusk) May 21, 2022
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.
— Elon Musk (@elonmusk) May 16, 2022
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.”
"If Twitter has been vociferously less than 5% fake/spam accounts, but, in fact it is 4-5x that number. It's big deal. It's like, I agree to buy your house, you say the house has less than 5% termites but if it turns out it's 90% termites. It's not the same house" — @elonmusk pic.twitter.com/fbLMXkHeTf
— Pranay Pathole (@PPathole) May 18, 2022
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.”
— Elon Musk (@elonmusk) May 19, 2022
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.
Elon Musk finally sheds light on Hillary Clinton’s disinformation tweet that Twitter wouldn’t touch https://t.co/WYv2Zm4HyO pic.twitter.com/eme0EzVY77
— Conservative News (@BIZPACReview) May 21, 2022
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.
Get the latest BPR news delivered free to your inbox daily. SIGN UP HERE
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
- Megyn Kelly rips embattled CNN boss Chris Licht as a ‘mini-Roger Ailes wannabe’ - June 7, 2023
- CNN’s Licht calling anchors ‘he’s never spoken to before’ as he grapples to save job – report - June 7, 2023
- Chris Christie attacks Ivanka, Jared at campaign rollout; Trump hits with fat-shaming buffet video - June 7, 2023
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.