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comment Elon Musk is trying to lower the buyback price

by Hashem Ali
July 3, 2023
in Technology
1 min read
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Elon Musk has a habit of surprising us, and this proved once again on Friday when he decided to announce the suspension son $44 billion takeover of Twitter. AT cause, according to him, a lot of fake accounts and spam circulate on the platform. He wants to know a little more before paying such a sum. But since everything always happens very quickly with Tesla’s boss, on Monday everything changed again. Elon Musk did participate in a closed conference and felt that lowering the company’s purchase price could be justified. The announcement didn’t help the Twitter name, which still fell 8% in the stock market yesterday afternoon.

Elon Musk wants Twitter to shed light on automated accounts

During the same meeting, the billionaire returned to the dispute, which is currently pitted against Twitter CEO Parag Agrawal, over the amount of bots and spam on the platform. The latter claims that these accounts represent far less than 5% total. This figure does not seem to be believed at all by Elon Musk, who believes that automated accounts make up 20 to 25% of the mass of network users. social. Worse, this Sunday he claimed to represent “90% of active users,” making Twitter a ghost platform populated by fake accounts.

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???? — Elon Musk (@elonmusk) May 16, 2022

Finally, ton got on Twitter between Elon Musk and Parag Agrawal and allows you to enjoy the emoji used by the richest man in the world on this exchange. So far, it’s hard to say what’s going to happen next. Be that as it may, the entrepreneur remains quite unpredictable in son behavior, and this redemption is more and more like a series full of unexpected twists and turns.

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