Despite being the richest person in the world, Elon Musk, who continues to be the boss of companies such as Tesla and SpaceX, has come to the fore with the decision to buy Twitter in the past months. Although this initiative was very exciting in the first place, it took a turn for the worse in the next period. There were contradictory statements by Elon Musk and the Twitter Board of Directors. Twitter shareholders even sued Elon Musk. Now, there has been a new development on this issue.
Notifying the United States Securities and Exchange Commission (SEC), Elon Musk said that he may abandon the purchase agreement. The reason for this was the fake account issue that Elon Musk brought up a while ago. According to Elon Musk, there were too many fake accounts on Twitter and they needed to be detected.
“Twitter wants to close the issue”
In Elon Musk’s statement to the SEC, quite harsh statements were made about Twitter. The billionaire businessman claimed that the offer made to him about fake accounts made things difficult. According to Elon Musk, Twitter is making such attempts to close the issue as soon as possible. If Elon Musk’s claims turn out to be true, Twitter will have gone much further back than its current position. Because if fake accounts really took over the platform, this would directly reflect on Twitter’s stocks.
Elon Musk reported that he has made various attempts since May 9, 2022, but all of these attempts have been inconclusive. Musk also saw Twitter’s own data insufficient and wanted to use its own analysis methods for fake account detection. All of this has hampered Elon Musk’s attempt to buy Twitter… In the coming days, we may be giving you the news that Elon Musk has stopped buying Twitter…
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