It's been more than two months since Elon Musk announced he wanted to buy Twitter for $ 44 billion. But Twitter’s buying process didn’t go smoothly with Elon stipulating that the site had to prove that there were only 5% of fake accounts and Elon’s own wealth fluctuated as it relied on Tesla shares.
Most recently according to a report by The Washington Post, Twitter purchases are now once again in jeopardy as Elon Musk’s team given access to the site’s data is unable to prove the actual number of fake accounts that exist.
If the number of fake accounts cannot be proven below 5%, Elon will likely cancel his wish. Even so Twitter will still receive $ 1 billion if Elon cancels the site’s purchase according to the original agreement.
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