- Elon Musk, chief executive officer (CEO) of Tesla Inc said he is terminating his $44 billion Twitter deal, saying the social media company had failed to provide information about fake accounts on the platform. Kindly check out post below on Twitter deal not proceeding until Twitter's CEO proves the platform has fewer than 5% fake accounts.
-This comes shortly after binance invested $500M in the twitter takeover,being a substantial amount in the total $7 billion financing Elon musk received from forms and individuals.Coinbase CEO also confirms an additional $400M financing from coinbase.
Shares of Twitter fell 6 percent in extended trading. Elon musk is fond of doing stuff like this! Tesla! Dogecoin!etc
-In a filing, Musk’s lawyers said Twitter had failed or refused to respond to multiple requests for information on fake or spam accounts on the platform, which is fundamental to the company’s business performance.
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Elon Musk says $44 billion Twitter deal can't proceed until CEO proves the platform has fewer than 5% fake accounts https://t.me/thesammymove/3185
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