Spam bots put Elon Musk's Twitter acquisition on hold

• Elon Musk announced that the deal to purchase Twitter is temporarily put on hold.
• Musk wants to confirm that bot/spam accounts only account for roughly 5% of Twitter's users.
• He has previously spoken out about wanting to "eliminate" Twitter spam bots.
• Musk states that he is still committed to the acquisition.

The deal has been put on hold after Musk announced on Friday that he was putting it on hold.

The number of fake/spam accounts on the platform was the reason for the announcement. Less than 5% of the platform's users use these accounts. The company said that it may not represent the actual number of accounts, and that the actual number of false accounts could be higher than they have estimated.

Musk is now looking to confirm the numbers after finally catching on to this.

Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuynMay 13, 2022

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The move to put the deal on hold is not unwarranted. The platform recently announced an increase in daily active users. Musk wants to know how bad the problem is, in light of recent numbers.

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A person declined to comment.

Musk has stated that he wants to eliminate fake accounts on the platform, as well as his desire to turn the platform into an "arena for free speech". He stated in an interview that they make the product worse.

It is not clear what will happen once numbers are verified, but Musk stated in a later message that he is still committed to the acquisition.