Musk is citing a disagreement with Twitter over the number of fake accounts on the platform.
Elon Musk has moved to end the $44 billion deal to acquire Twitter, according to regulatory filings.
Elon Musk has decided not to move forward with a $44 billion deal to acquire Twitter after a disagreement with the company about the number of spam and fake accounts. The details were revealed in a regulatoryMusk claims that Twitter did not provide adequate information regarding the number of spam accounts on Twitter.
"In short, Twitter has not provided information that Mr. Musk has requested for nearly two months notwithstanding his repeated, detailed clarifications intended to simplify Twitter’s identification, collection, and disclosure of the most relevant information sought in Mr. Musk’s original requests," reads the filing.
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