Twitter deal on hold, Elon Musk doesn’t want fake accounts

Elon Musk demanded that Twitter, which he bought, reduce the fake account density to 5 percent, and announced that he was suspending the agreement until the end of the recalculation.
 Twitter deal on hold, Elon Musk doesn’t want fake accounts
READING NOW Twitter deal on hold, Elon Musk doesn’t want fake accounts

A similar collapse in the crypto money world is also experienced in the stock world. The richest people in the world are pulling their stocks up and down, almost mocking investors.

Twitter shares fall

With Elon Musk’s purchase offer of around $54 per share, Twitter shares started to rise and approached the $50 level. Elon Musk made an interesting move today.

Good news from Elon Musk to Trump

Added 1 day ago

Famous name He stated that the deal with Twitter was put on hold and he wanted the total of fake/bot accounts to be below 5 percent. With this news, Twitter shares fell close to 20 percent.

Twitter stated in its last quarter reports that fake accounts fell below 5 percent, but Elon Musk asked for another calculation. It is known that Twitter, which earns its income through advertisements shown to the user, is heavily involved with bot accounts that both use the platform and do not contribute to advertising revenues. So what happened again happened to the investor. DOGE also fell 5 percent with this news.

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