China News Service, July 8. According to the "Washington Post" on the 7th, citing sources, the world's richest man and Tesla CEO Elon Musk's $44 billion acquisition of Twitter is in "serious crisis."
Data map: The world's richest man, Tesla CEO Elon Musk.
Musk has reportedly been granted access to internal data, but remains suspicious of spam and fake account data.
The report quoted a source as saying that Musk's team may take drastic measures, but the specific direction of action is unclear.
Spam and fake accounts aren’t the only reasons Musk is trying to pull out of the deal, the report said, and a sharp drop in Twitter’s stock price since April could also jeopardize the deal.
Still, if Musk opts out of the deal, it could spark a legal battle.
A Twitter spokesman declined to comment, but referred to a statement the company made in June, the report said.
"Twitter has and will continue to work with and share information with Mr. Musk to complete the transaction in accordance with the terms of the agreement," the statement said, adding that "the transaction will be completed at the agreed price and terms."
At present, Musk has not responded to this news.
According to Agence France-Presse, Twitter's shares fell 4% on the news that the acquisition could change.
On April 25, Musk announced the acquisition of social platform Twitter for $44 billion, but on May 13, he suddenly announced that the acquisition plan was "on hold" and asked Twitter to publish details on the number of spam and fake accounts. .