Elon Musk: Twitter deal is pending.

Elon Musk announced in a tweet that a $44 billion deal to acquire Twitter had been put on hold due to reports that the social network’s spam accounts were less than previously thought.

This is breaking news. We will update further.

Can a deal break down?

Elon reported on May 13 that spam accounts account for 5% of Twitter’s total user base.

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The deal was put on hold due to this revelation, but it’s interesting that Musk has only now decided to do this.

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