Thu, Oct 20th, 2022 - 8:39am
May 13, 2022 - 7:19am | By Kyle Cornell
(Palo Alto, CA) -- There's a plot twist in Elon Musk's bid to buy Twitter.
The world's richest man tweeted Friday morning that his plan to buy Twitter was "temporarily on hold" over a report of fake accounts on the platform.
The Tesla and SpaceX CEO called for more detail about a finding that fake accounts make up less than five percent of users. It was not immediately clear if any official steps had been taken to halt the acquisition, which was agreed to last month with a price tag of about 44 billion.
Musk's tweet drove the price of Twitter's stock down more than 18 percent.
