Elon Musk Says His Deal to Buy Twitter Is on Hold

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Elon Musk Says His Deal to Buy Twitter Is on Hold
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Elon Musk said he is still committed to buying Twitter, hours after saying the deal was on hold over questions about fake accounts

Elon Musk said his deal to buy Twitter Inc. was on hold, raising questions about the takeover and, but he later added that he remains committed to the acquisition.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Mr. Musk said early Friday morning from his verified Twitter account. The Tesla Inc. chief executive linked to a May 2 Reuters report about a recent Twitter securities filing with those statistics.

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Elon Musk Says Twitter Deal ‘On Hold’Elon Musk Says Twitter Deal ‘On Hold’I am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
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