Musk wants underlying data to do his own verification of what he says are Twitter’s lax methodologies concerning spam bot and fake accounts
Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday, and Twitter disclosed it in a filing with the U.S. Securities and Exchange Commission.
Shares of Twitter Inc. slid just under 3% Monday, likely incensing Twitter shareholders who filed a suit against Musk late last month for deflating the price of the stock. Shares of Twitter are down 23% in the last month. Musk agreed to buy Twitter for $54.20 a share back in April. A number of Musk’s actions since, including a public spat with Twitter’s CEO about the fake accounts — on Twitter — has led some experts to question whether the billionaire wants to go through with the deal, or least lower his offer.
Musk wants underlying data to do his own verification of what he says are Twitter’s lax methodologies.
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