Elon Musk won’t be buying Twitter after all, apparently. The Tesla and SpaceX CEO is calling off the $44-billion deal, accusing the company of “false and misleading representations.”
The move was not a surprise to many based on Musk’s comments about the number of fake accounts on the social media platform. His team in recent weeks had tussled with Twitter over “spam bots” and threatened to walk away from the deal if the company couldn’t show that less than 5% of its daily active users are automated spam accounts.
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