After threatening to take the company private and saying he wanted the former president of the swamp and the U.S., Donald Trump back on the platform, Musk did what everyone thought he might do anyway. He thought a lot about what it meant to buy a account on the micro-messaging service.
Early on Friday, Musk said that his $44 billion deal to buy Twitter was temporarily on hold because he was waiting for confirmation that the amount of fake accounts on the platform was less than 5%.
The deal was temporarily on hold pending details on how much fake accounts actually represent.
He included a link to a May 2 article that said that 5% of its daily active users were fake. The blue bird social media network had 229 million users who were served ads in the first quarter.
While taking a moment to investigate whether the platform you are buying is worth your time is no doubt sensible, it seems a bit off that Musk is bringing this up now, or more than two weeks after he announced his intention to buy the company. It's not as if they were hiding this information. The numbers were reported on May 2.
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