Elon Musk says Twitter takeover is on hold but he’s still committed to the acquisition

OSTN Staff

Remember when Elon Musk announced he was buying Twitter and that bombshell then reverberated across the social network for days on end? Well, today is another interesting day in this saga, as Musk revealed that the deal is “temporarily on hold”, pending “details supporting calculation that spam/fake accounts do indeed represent less than 5% of users”.

If you’re confused as to what he’s talking about, a Reuters report came out earlier this month saying that Twitter itself estimates spam and fake accounts to comprise less than 5% of users. Now, however, Musk seems to be unconvinced that it’s…

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