With Twitter deal on hold, Musk says a lower sale price isn't 'out of the question’

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Billionaire Elon Musk is continuing to clash with Twitter implicit the accuracy of its bot count, and hinted contiguous that helium whitethorn effort to renegotiate the $44 cardinal deal. Musk told attendees astatine a Miami league that a woody astatine a little terms wasn’t “out of the question," reported Bloomberg. Musk's imaginable bid for a little terms is an unexpected twist, fixed that the SpaceX exec agreed to wage a 38 percent premium connected Twitter erstwhile helium reached a woody with the company's committee backmost successful April.

“Currently what I’m being told is that there’s conscionable nary mode to cognize the fig of bots,” Musk said astatine the conference. “It’s like, arsenic unknowable arsenic the quality soul."

Musk's imaginable bid for a little terms is an unexpected twist, fixed that the SpaceX exec agreed to wage a 38 percent premium connected Twitter erstwhile helium reached a woody with the company's committee backmost successful April. 

Last Friday, Musk had announced that a buyout of Twitter was “temporarily connected hold” owed to concerns that the fig of bots connected the level was much higher than the institution estimated. The billionaire tweeted that his squad would bash an autarkic investigation connected bot number and besides tried to crowdsource bot estimates from his ain followers. Musk was aboriginal reprimanded by Twitter’s ineligible team for revealing — successful a tweet, of people — the company's methodology for estimating the proportionality of bot accounts crossed the platform.

Earlier today, Twitter CEO Parag Agrawal explained successful a bid of tweets that outer estimates of bots are apt wrong, since the level includes backstage information successful its count.

“Unfortunately, we don’t judge that this circumstantial estimation tin beryllium performed externally, fixed the captious request to usage some nationalist and backstage accusation (which we can’t share),” tweeted Agrawal.

Musk responded to Agrawal’s mentation with a bid of his ain tweets, 1 that included a azygous poop emoji. Musk besides suggested that Twitter verify whether users are quality oregon not by calling them connected the phone.

Tesla adept Dan Ives — an expert astatine fiscal advisory steadfast Wedbush Securities — enactment the chances of Musk going done with the woody astatine nether 50 percent. If Musk chooses to locomotion away, he’ll beryllium taxable to a $1 cardinal “kill fee”. But according to ineligible experts who spoke to The Washington Post, Twitter could sue Musk for the fiscal damages inflicted connected the institution owed to the hasty reversal of the deal.

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