Elon Musk Has Big News About Twitter

(TheLibertyRevolution.com)- On Monday, while speaking at the “All In” Summit, Elon Musk said the deal to acquire Twitter is still “not out of the question,” but hinted he may offer a lower purchase price.

Musk put the deal on hold last week after asking for further accounting from the social media company on the number of fake or “bot” accounts on Twitter.

Musk said at the summit that the more he asks, “the more my concerns grow.” While Twitter claims less than 5 percent of its daily users are fake, Musk believes the number could be as high as 20 percent.

When asked if the deal might go through for a lower price, Musk said, “Maybe,” but he added that he “was relying on public filings.”

Twitter CEO Parag Agrawal had said in a lengthy Twitter thread on Monday that Twitter is “strongly incentivized” to find and remove as many spam accounts as it can “every single day.” In a clear hit aimed at Musk, Agrawal argued that anyone suggesting differently “is just wrong.”

Agrawal claimed that the platform suspends over 500,000 bot accounts each day and locks millions of suspected bot accounts weekly if the accounts can’t be verified through such means as a phone number.

The Twitter CEO also argued that estimating the number of fake accounts isn’t something that can be done “externally” since it requires access to both “public and private information” which Twitter cannot share. While Agrawal conceded that some bot accounts slip through the cracks, Twitter must “measure this internally.”

In replying to Agrawal’s thread, Musk asked the CEO how advertisers are to know if they are getting their money’s worth, adding, “This is fundamental to the financial health of Twitter.”

In related news, it was reported on Tuesday that nearly half of President Joe Biden’s 22.2 million Twitter followers are fake.

Hardly surprising for President 80-Million Votes.

An audit conducted by the software firm SparkToro found that 49.3 percent of those following @JoeBiden are from “accounts that are unreachable” and won’t see Biden’s tweets “either because they’re spam, bots, propaganda, etc. or because they’re no longer active on Twitter.”