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Musk says Twitter deal should go ahead if it provides proof of real accounts

Published 08/06/2022, 04:09 AM
Updated 08/06/2022, 04:55 AM
© Reuters. FILE PHOTO: An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Elon Musk said that if Twitter Inc (NYSE:TWTR). could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms.

"However, if it turns out that their SEC filings are materially false, then it should not," Musk tweeted early on Saturday.

In response to a Twitter user asking whether the U.S. SEC was probing "dubious claims" by the company, Musk tweeted "Good question, why aren't they?".

Twitter declined to comment on the tweet when contacted by Reuters.

Twitter on Thursday dismissed Musk's claim that he was hoodwinked into signing the deal to buy the social media company, saying that it was "implausible and contrary to fact".

"According to Musk, he — the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers — was hoodwinked by Twitter into signing a $44 billion merger agreement. That story is as implausible and contrary to fact as it sounds," the filing released by Twitter on Thursday said.

Musk filed a countersuit Twitter on July 29, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase.

Latest comments

leftwing MSM botfarm
how many bot are on here?
Fake accounts everywhere on twitter. Just punch in a search term. Especially a political one. You will see that term in the same exact tweets from multiple accounts. Fakes everywhere.
Musk about to get his reality check
musk must have got lucky with tesla and SpaceX. no normal businessman acts like this guy!
good. they will fail. too many bots and why I don't use Twitter anymore. fake accounts everywhere
twitter has just recently started blocking new accounts till the time they manually pass a quiz. what about in the past ..how many bot and spam accounts were created.. there is no way of knowing it now.
musk knows this now and didnt know it before signing? is that how due diligence is done? I am surprise he makes any money at all!
Twitter can never provide real account, so therefore I don't think the deal will proceed
hahahah
why isnt the SEC investigating Musk himself for market manipulation through tweets?
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