Elon Musk, who bought 9.2 percent shares of Twitter some time ago, has started transactions to take over the entire company. However, things do not go as planned by the parties who mutually agree and shake hands. Because Musk says that the platform is trying to extort a large amount of money from him by giving misleading information.
Today, Musk stated that his conversation with the Twitter CEO was not concluded and they continued to lie. Later, he made fun of the company by sharing a survey he made on the platform.
Elon Musk tore up the data announced by Twitter!
Twitter users have been aware of bot accounts and fake people on the platform for a long time. Because Musk also says that when the purchase is completed, everyone can register with identity verification and it will turn into an environment free of fake accounts.
However, in the data shared by Twitter with Elon Musk before the purchase, it was stated that approximately 5 percent of the accounts on the platform were bots or fake people. When we turn this into real numbers, it is said that at least 11 million of the 229 million active users announced by the company belong to fake accounts.
But according to the research conducted by 2 3rd party companies named SparkToro and Followerwonk, this ratio is far from being true. In fact, 19.42 percent of active users are allegedly bots and fake accounts. This equates to 44 million accounts.
So Musk is justified in getting angry, making fun of him and reviewing his purchase decision. Because even only in advertising revenues, this rate can lead to a great loss. However, he says that they can continue to negotiate under certain conditions despite all this.
Musk’s condition on Twitter is that they explain the real numbers and state the situation. According to him, it was in the direction of sitting at the bargaining table again. However, he quoted his disappointing speech with the company’s CEO as follows:
My proposal was based on the correctness of Twitter’s SEC filings. According to the research, the rate of bots and fake accounts is 20 percent. That is exactly 4 times what was said. The difference is very high. Yesterday, Twitter’s CEO flatly refused to show evidence of less than 5 percent. The agreement cannot proceed without this statement.
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