Businessman Elon Musk, who holds the title of the richest person in the world with a fortune of more than 230 billion dollars, had agreed to buy the popular social media platform Twitter for an astronomical fee of approximately 44 billion dollars in the past weeks and was on the agenda of the whole world.
After that, there was an important development regarding the purchase recently. The CEO of SpaceX and Tesla stated that the agreement was suspended in his post on social media, saying: “The Twitter deal is temporarily suspended until details come in supporting the calculation that spam/fake accounts really make up less than 5% of users.” Now, new explanations have come on the subject.
Musk announced that he will conduct his own experiment to measure bot accounts
Stating that he is still determined to purchase the platform, Musk stated in his previous statements that Twitter’s data on bot accounts He said he didn’t think it was right. The famous businessman now stated that his team will conduct an experiment to measure bot accounts on Twitter and invited other people to it: “To find out, my team will examine 100 random followers of Twitter’s official account. I invite others to do the same, and I want to see the results.” In addition, Musk added that it can be very useful for fake/bot/spam accounts on the platform, as most people independently get similar results.
It was reported by Twitter in the past days that new applications regarding bot accounts will be introduced. However, it seems that Elon Musk is preparing to wage a war against bot accounts on his own.
Analysts think the suspension decision may be a bargaining strategy
In addition, many analysts think that Musk’s suspension decision due to bot accounts may be a bargaining strategy . After this announcement on Friday, Twitter shares fell by around 10 percent to $ 40.72.
Ton Sacconaghi, an analyst at the famous financial company Bernstein, also used the following statements in his statements: “This is probably a tactic used by Elon Musk. The market has fallen a lot. He’s probably using this move as a bargaining strategy.” In addition, other analysts say that Musk may now be reluctant to offer $ 54.20 per share, so he can negotiate with Twitter for a better price.
In addition, let’s add that in case of cancellation of the agreement, the canceling party will have to pay a fee of 1 billion dollars to the other party. In addition, CNBC reports that if Musk leaves the deal on the grounds that he thinks he has overpaid, Twitter can sue the famous businessman for billions of dollars in damages.
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