In April, Elon Musk offered $54.20 per share (valuing Twitter at $44 billion) to purchase Twitter. Despite this, the acquisition
Musk stated that the acquisition “cannot move forwards” until Twitter provides verification of the 5%-or-less figure.
When it comes to Twitter’s SEC filings, Musk believes that the original arrangement was predicated on the company’s claim that fraudulent account
According to Musk, he believes that at least 20% of Twitter users are fraudulent and claims that Twitter’s CEO refused to offer proof for the 5% number