Your browser does not support the audio tag.


Loading advertisement...

00:00 / 02:37

This feature is powered by text-to-speech technology. Want to see it on more articles?

Email for your feedback.

The rapper said that he may buy the company now that the bid is on hold.

Musk's announcement Friday that the deal is on hold because of the number of fake accounts on the site prompted the Drop It Like It

May have 2 buy the social media site now.

The rapper laid out a set of new rules for the company, which included replacing the board of directors, giving everyone a verified account and putting free internet on airplanes.

The board of directors should be replaced with Jimmy from my corner Fish Fry, Tommy Chung and the guy with the ponytail on CNBC, he wrote. You can say hello to a bot with 10 letters in their name. Nah, those bots.

The first line of business is what he later said. 29 dollars for 1 hour is not free internet.

The stock of the social media company went down nearly 10 percent on Friday after Musk said the deal was in trouble.

The deal was temporarily on hold pending details on the calculation of the number of fake accounts that represent less than 5% of users.

There is a chance that Musk is trying to get a lower price for the company.

The social media giant's stock fell to as low as $33.89 in pre-market trading, far below the purchase price of Musk's marijuana company.

MarketWatch on Multiple devices

At 7:50 a.m., Musk said he was still committed to acquisition.

Shortly before markets were to close Friday, the shares of the social networking company were hovering around $40, wiping out some of their losses. That's still lower than where they closed a day earlier.

If the deal goes through, Musk has said that cracking down on bots will be a priority.

The billionaire wants to take the company private. The company's content moderation policies have resulted in bans on controversial figures, many of them on the political right.

The article was first published on NY Post.