Elon Musk Says “Committed” To Twitter Deal Just After He Announced It Was “On Hold” – Update

UPDATE: Elon Musk now says he’s “still committed to acquisition” of Twitter, hours after he tweeted that the $44 billion deal is “temporarily on hold,” sending Twitter stock into a tailspin and contributing to the circus-show quality of this deal

The world’s richest man tweeted in the past hour stating that he has put the deal on hold “pending details supporting the calculation”, which was contained in a Twitter filing Monday. The tweet is below.Musk seems to be implying that he will not push through with the purchase until Twitter shows more evidence to back up the spambot claim.

Musk has said one of his priorities once the deal has gone through would be to remove these spam bots from the platform. There has also been much speculation around whether his acquiring Twitter could pave the way for a return to the platform for former POTUS Donald Trump, who was famously banned following the Capitol Riots.Jill Goldsmith contributed this report

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DEADLINE /  🏆 109. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk Puts Twitter Take Over on Hold, Twitter Shares TankUPDATE: elonmusk put his $42 billion takeover of Twitter on hold till it can be verified that the social media site has less than 5% of spam or fake accounts. Musk's tweet sent Twitter shares plummeting to under $39. By OKnightCrypto
Read more »

Elon Musk Explained Why His Twitter Acquisition Is on HoldThe highly-anticipated deal between Elon Musk and Twitter has been put on hold for now, the billionaire updated.
Read more »

Elon Musk Says Twitter Deal Is 'Temporarily On Hold'Elon Musk said Friday that his planned $44 billion purchase of Twitter is 'temporarily on hold.'
Read more »

Elon Musk: Twitter deal 'temporarily on hold' over estimates of spam accountsElon Musk tweeted Friday his deal to acquire Twitter is 'temporarily on hold' to review data on spam and fake accounts on the platform.
Read more »

Elon Musk says his deal to buy Twitter is 'temporarily on hold' | EngadgetElon Musk's deal to buy Twitter is 'temporarily on hold' pending confirmation that spam and fake accounts do represent less than 5 percent of users..
Read more »

Elon Musk says Twitter deal is ‘on hold’He suggests the company has underreported spam bots and fake accounts.
Read more »