You are currently viewing Spam accounts threaten Elon Musk’s Twitter purchase, share price plunges by 10%
Share this story

The founder and CEO of SpaceX, Elon Reeve Musk has on Tuesday said the purchase of Twitter would not go ahead without clarity on spam accounts.

Elon Musk said his $44bn (£35bn) deal to buy Twitter is on hold after he queried the number of fake or spam accounts on the social media platform.

He said he was waiting for information “supporting [the] calculation that spam/fake accounts do indeed represent less than 5% of users.

Mr Musk’s tweets sent Twitter’s share price plunging 10% in morning trade in New York.

Do you have an important success story, news, or opinion article to share with with us? Get in touch with us at publisher@thepodiummedia.com or ademolaakinbola@gmail.com Whatsapp +1 317 665 2180

Join our WhatsApp Group to receive news and other valuable information alerts on WhatsApp.


Share this story
Advertisements
jsay-school

Leave a Reply