Elon Musk reiterated that the fake accounts e i bot could represent more than 20% of Twitter usersstating that the deal to acquire the social media company “can’t go on” until Twitter it will not prove actual numbers. Musk is currently in the process of buying Twitter and his own 226 million daily active users monetizable for 44 billion dollars.
Elon Musk: “The deal with Twitter paused until it shows the numbers of the bots”
In response to a Teslarati report, Elon Musk said:
20% fake / spam accounts, despite being 4 times what Twitter claims, could be Very higher. My offer was based on the accuracy of Twitter’s SEC documents. Yesterday, the CEO of Twitter publicly refused to show proof of <5%. This agreement cannot go on until it does.
Musk made similar comments during one technology conference of Miami, as Bloomberg reported. During the presentation, Tesla’s CEO estimated that bots could make up at least 20% of Twitter users. “At the moment I was told that there is no way to know the number of bots,” Musk said.
In a statement released to Bloomberg on Tuesday, Twitter said it was “committed to completing the transaction at the agreed price and terms as soon as possible.”
It has been speculated that Elon Musk is using the discussion of the number of bots on Twitter as a tactic for negotiate a lower acquisition price. At yesterday’s conference, the CEO said a feasible deal at a lower price it would not be “out of the question“.
Attempts by Tesla’s CEO to shed some light on these numbers have led to a public squabble with Parag Agrawal, CEO of Twitter. Agrawal provided details on the number of spam accounts which Twitter suspends every day and explained how the team identifies them.
However, he added that “we do not believe that this specific estimate can be performed externally, given the critical need to use both public and private information (which we cannot share)”. Musk responded to his long tweet with a particular emoji.
Tesla CEO made the issue of the number of spam accounts on Twitter a key part of its proposal service improvement under his ownership. He also talked about his desire to give him priority to free speech e you make algorithms open source of the platform.