Elon Musk puts the Twitter deal on hold

Elon Musk said his deal to buy Twitter was on hold, raised questions about the takeover and sent shares in the messaging service lower, but he later added that he is still committed to the acquisition.

“Twitter agreement temporarily pending pending details that support calculations that spam / fake accounts actually represent less than 5% of users,” Musk said early Friday morning from his verified Twitter account. The Tesla CEO linked to a Reuters report on May 2 on a recent Twitter securities file with these statistics.

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