Elon Musk suggested Saturday that his deal to buy Twitter for $ 44 billion and take it private should be cut in proportion to the number of robots on the platform.
Musk tweeted “Absolutely” in response to Ian Miles Cheong, who tweeted: “If 25% of users are bots, the Twitter acquisition agreement should cost 25% less.”[ads1];
Tesla’s CEO also expressed skepticism about Twitter’s willingness to address the presence of robots on their platform, tweeting: “I am concerned that Twitter has a counter-evidence to reduce spam, as it reduces perceived daily users.”
“They still refuse to explain how they calculate that 5% of daily users are fake / spam! Very suspicious,” he added in a separate tweet.
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Last week, Musk set transparency about the number of fake accounts or spam accounts as a key condition for his pending $ 44 billion purchase of Twitter.
Musk tweeted, “20% fake / spam accounts, while 4 times what Twitter claims can be * much * higher. My offer was based on Twitter’s SEC filing being accurate.”
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Musk said Twitter chief Parag Agrawal has publicly refused to provide evidence that less than five percent of users are robots, leading Musk to say the deal “can not go ahead until he does.”
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If Musk withdraws from the deal, he will be required to pay Twitter a $ 1 billion termination fee and could face further lawsuits, according to Teslarati.
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In the first quarter of 2022, Twitter’s revenue-generating daily active user base grew by 15.9% year-over-year to 229 million, including 39.6 million daily active users in the United States and 189.4 million international daily active users.
Fox News’ Timothy Nerozzi contributed to this report.