The founder and CEO of SpaceX, Elon Reeve Musk has on Tuesday said the purchase of Twitter will not go ahead without clarity on spam accounts.
Elon Musk said his $44bn (£35bn) deal to buy Twitter is on hold after he queried the number of fake or spam accounts on the social media platform.
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He said he was waiting for information “supporting [the] calculation that spam/fake accounts do indeed represent less than 5% of users.
Mr Musk’s tweets sent Twitter’s share price plunging 10% in morning trade in New York.
Details later
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