Tesla and SpaceX boss Elon Musk called out the condition under which he agrees to complete the deal to buy Twitter. The billionaire wants the company to demonstrate how the authenticity of accounts on the social network is confirmed.
“If Twitter only provides its 100-account sampling method and a way to verify its authenticity, the deal will be closed on the original terms.
But if it turns out that the documents submitted to the Securities and Exchange Commission are false, there will be no deal,” Musk wrote on his Twitter.
In July, Elon Musk’s lawyers notified the US Securities and Exchange Commission that the billionaire was about to terminate his $44 billion acquisition of Twitter, accusing the platform of “materially violating various provisions.” of the merger agreement.
The company is suspected of hiding the number of bots and spam accounts on the social network. In response, Twitter filed a lawsuit against the Tesla boss to force the businessman to complete the deal. The trial is scheduled for October.
Photo: mundissima / Shutterstock
Author:
Ahmed Sadulayev
Source: RB
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
