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Elon Musk says Twitter takeover 'temporarily
on hold'

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Posted By: Happy Place USA, 5/13/2022 7:50:37 AM

Elon Musk's $44 billion deal to buy Twitter is "on hold" for the moment, the billionaire business tycoon said on Friday. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk tweeted. The price of shares in the social media company dipped double digits in premarket trading after the Tesla and SpaceX CEO's tweet. In his tweet announcing the snag in the deal, Musk shared an news article from earlier this month about a Twitter disclosure


Hold the presses.

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Reply 1 - Posted by: capecodfox 5/13/2022 8:02:09 AM (No. 1153957)
I guess I might have to quit Twitter - again.
5 people like this.

Reply 2 - Posted by: WhamDBambam 5/13/2022 8:41:00 AM (No. 1153985)
My guess is that their spam/fake accounts are closer to 50%.
29 people like this.

Reply 3 - Posted by: WinterParker 5/13/2022 8:43:41 AM (No. 1153987)
Negotiating the price down due to Twitter's lies about fake accounts... Gosh this is fun!
29 people like this.

Reply 4 - Posted by: ROLFNader 5/13/2022 9:03:19 AM (No. 1154004)
It will soon be discovered that Twitter has about 200 members and 2,000,000 bots.
24 people like this.

Reply 5 - Posted by: Californian 5/13/2022 9:14:55 AM (No. 1154020)
200 real users seems high to me....
14 people like this.

Reply 6 - Posted by: joew9 5/13/2022 9:31:47 AM (No. 1154039)
I have an idea for a Twitter poison pill that will stop Musk from buying it. Twitter immediately stops censoring people.
7 people like this.

Reply 7 - Posted by: Sorosisbehindit 5/13/2022 9:55:02 AM (No. 1154064)
Is it possible that Musk never wanted to throw away his money on Twitter, but wanted to pull back the curtain on fake accounts, altering likes and censorship. Now if he announces that Twitter is not worth much, because of their fraud, the stock will really plummet and he can pick it up in a fire sale.
30 people like this.

Reply 8 - Posted by: Red Ghost 5/13/2022 10:28:38 AM (No. 1154089)
I'm sure Elon has staff he can trust. But exactly who gave him that 5 percent number? I trust no one, absolutely no one and I hope Elon feels the same way. As to Elon saying he wants someone less divisive than Trump running in 2024. I am SICK TO DEATH of hearing that BS. When will these people get it into their heads that the the global deep state, democrats, the corrupt media, rhino republicans ALL will make any MAGA candidate that runs into a monster, a divisive personality. Heck, if Mother Theresa can down from Heaven and ran as a MAGA candidate the deep state would morph her into a female Hitler. So let's just put an end to this BS.
6 people like this.

Reply 9 - Posted by: john56 5/13/2022 10:45:46 AM (No. 1154107)
Yeah, I've never heard of anyone cooking the books to make them look more profitable (Sarcasm key now off). Sounds like Musk's people, doing their due diligence and actually looking at the records, are finding that Twitter may be a house of cards. Personally, I thought it was nothing more than a bunch of people sharing what they had for lunch in real time. As for Musk's views on President Trump, well, it's a free country. Heck, if I were Trump, I'd say screw it (running in 2024), go play golf, enjoy the grandkids, and take it easy. But then, I'm not Trump and I suspect doing all those things all day long would be boring for him.
5 people like this.

Reply 10 - Posted by: Safari Man 5/13/2022 10:46:43 AM (No. 1154109)
It might be worth $4.4 billion
2 people like this.

Reply 11 - Posted by: DVC 5/13/2022 10:56:40 AM (No. 1154124)
It might be that 50% of the twits are just bots used to push for leftists and against conservatives.
4 people like this.

Reply 12 - Posted by: smokincol 5/13/2022 11:14:44 AM (No. 1154151)
this guy is as crafty as our President, Donald J Trump, I like his style
9 people like this.

Reply 13 - Posted by: formerNYer 5/13/2022 11:48:22 AM (No. 1154191)
Twitter is owned lock stock and barrel by the deep state. I wouldn't be surprised if the CIA & FBI has been using it as a tool to identify what they believe are enemies to their hold on the US. In other words, MAGA people. I'll say it again Dorsey is too stupid to be the inventor of Twitter if anybody saw him in front of congress, they know he was not the sharpest tool in the toolbox.
5 people like this.

Reply 14 - Posted by: doctorfixit 5/13/2022 1:27:02 PM (No. 1154270)
If you squeeze all the fraud out of Twitter it's worth a small fraction of the price. Musk is smart to take a step back. He should also insist that all the leftoids in the company be thrown out before he takes over.
3 people like this.

Reply 15 - Posted by: Krause 5/13/2022 1:59:51 PM (No. 1154291)
I think he will find a huge drop in users when Twitter became the almighty judge and jury of all opinions.
1 person likes this.

Reply 16 - Posted by: bad-hair 5/13/2022 3:08:34 PM (No. 1154377)
When they're digging themselves a hole, throw them a shovel, stand back for a while and watch the dirt fly. Then in 6 months or so, fill in the hole and start building.
0 people like this.

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