Friday, December 2, 2022

Musk puts Twitter deal on hold

by admin
0 comment

Tesla CEO and SpaceX founder Elon Musk (50) shared on Twitter: “Twitter deal temporarily on hold pending details supporting calculation that fake accounts actually account for less than 5 percent of users.”

The online service published this estimate earlier in the week. Musk had previously stated that he wanted to ban accounts that are used to send spam messages from the platform.

Twitter stock quickly fell nearly a quarter in premarket trading after Musk’s tweet, to trade at around $34.50. That’s a far cry from the $54.20 a share Musk had promised shareholders.

Related News

Latest Switzerland News and updates and political news, follow our daily update about the congress and the government roundup, we also provide the latest news from all over the world minute by minute, subscribe to get the latest updates directly to your inbox.

© 2022 All Right Reserved. Switzerland Times