Elon Musk Says Twitter Deal Is 'Temporarily On Hold'

Elon Musk's planned $44 billion purchase of Twitter is 'temporarily on hold.'

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In a tweet, the Tesla billionaire linked to a Reuters story from May 2 citing a financial filing from Twitter that estimated false or spam accounts made up fewer than 5% of the company's"monetizable daily active users" in the first quarter. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk said, indicating he's skeptical that the number of inauthentic accounts is that low.Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users

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