Elon Musk Says “Twitter Deal Temporarily On Hold”
Allwork
MAY 13, 2022
Musk cited Twitter’s quarterly financial report that was released at the end of April, in which the company estimated that less than 5% of its accounts were fake or spam. Although Musk added he was “still committed to the acquisition,” the initial news drove Twitter’s shares down over 20% in premarket trading. .
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