Elon Musk Announces Twitter Deal ‘Cannot Move Forward’ Unless CEO Can Show Proof of Critical Statistic

Elon Musk says his proposal to buy Twitter cannot move forward until CEO Parag Agrawal can prove the company’s number are accurate.

“My offer was based on Twitter’s SEC filings being accurate,” Musk explained.

Twitter publicly has claimed that fewer than 5 percent of its account are spam or bots, instead of real people. Musk says it’s likely that number is much higher.

“20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher,” Musk said. “Yesterday, Twitter’s CEO publicly refused to show proof of <5%. This deal cannot move forward until he does.” https://twitter.com/elonmusk/status/1526465624326782976?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1526465624326782976%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.westernjournal.com%2Felon-musk-announces-twitter-deal-cannot-move-forward-unless-ceo-proves-key-claim%2F It appears that censoring and shadow-banning conservatives may not be the only scandal unfolding at the company behind closed doors. The company may have lied in its SEC filings to provide false information to investors so the company looks better than it really is. "Elon may have uncovered FRAUD at Twitter," one person responded. It's widely speculated that Twitter is rushing in a panic to try deleting bots as quickly as possible to make sure its data is accurate. Musk expressed skepticism about these tweets from the company CEO: https://twitter.com/paraga/status/1526237578843672576?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1526237578843672576%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.westernjournal.com%2Felon-musk-announces-twitter-deal-cannot-move-forward-unless-ceo-proves-key-claim%2F https://twitter.com/paraga/status/1526237589534953472?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1526237589534953472%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.westernjournal.com%2Felon-musk-announces-twitter-deal-cannot-move-forward-unless-ceo-proves-key-claim%2F “So how do advertisers know what they’re getting for their money? This is fundamental to the financial health of Twitter,” Musk said. https://twitter.com/elonmusk/status/1526250477456965634?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1526250477456965634%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.westernjournal.com%2Felon-musk-announces-twitter-deal-cannot-move-forward-unless-ceo-proves-key-claim%2F https://twitter.com/TexasJimmyLove/status/1525648754619076609?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1525648754619076609%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.westernjournal.com%2Felon-musk-announces-twitter-deal-cannot-move-forward-unless-ceo-proves-key-claim%2F More on this story via Western Journal:

Musk followed up shortly thereafter to say, “Still committed to acquisition.”

Between Friday’s tweet and Tuesday’s, experts and analysts have offered three groupings of opinion.

One is that Musk is using the issue of bots to walk away from the deal.

Others believe that he wants to use this to lower the price of the purchase.

Tim Draper, an investor in Tesla and SpaceX as well as the Twitter venture, said he thinks the deal will eventually go through, according to the New York Post.

— Advertisement —

“I think so,” Draper said. “But I think he’s going to get a better deal because he found out that, whatever, two-thirds [of users] are bots or something.”

Axios pointed to a third option: “Some are even wondering whether the entire takeover attempt is anything more than Musk trolling Twitter, using Twitter.”