Twitter crashes after Musk puts on hold

Elon Musk said on Friday that the $ 44 billion purchase agreement for the social network Twitter was “temporarily put on hold”, noting a series of calculations according to which false accounts and spam- less than 5% of all users of the platform, according to the Financial Times.

Musk posted the message on Twitter along with a text from the Reuters news agency detailing the information based on the number of spam accounts. The legal effect of his notification is currently unclear.

At 13:30, Romanian time, Twitter shares depreciated by about 18% in the premarket meeting in New York.

Earlier this week, the CEO of Tesla and SpaceX said he would reactivate his Twitter account of former President Donald Trump, adding that the ban implemented last year was “morally wrong.”

Without the dynamics of Friday’s premarket, Twitter shares rose 5.7% in 2022, with the company’s capitalization reaching $ 34.5 billion.

(source: AFP)

Source: Jurnalul by

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