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Elon Musk says his $ 44 billion Twitter deal is “on hold”




Elon Musk said that his planned acquisition of Twitter was “temporarily on hold” due to concerns about counterfeit accounts, a surprising twist that moved investors and raised questions about his willingness to complete the $ 44 billion transaction.

Mr. Musk’s grenade came in a tweet posted at 05:44 Eastern Time which was followed a little over two hours later by another who said he “was still committed to the acquisition”. Lawyers close to Mr. Musk urged him to send the follow-up tweet, according to people familiar with the case.



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