Musk wants to know how many of them are 'spam bots' and how many are real people
Elon Musk's initial deal to buy Twitter may still go through. Musk has now asked for information about Twitter users. He wants to know how many of them are 'spam bots' and how many are real people. In April, the billionaire CEO of Tesla agreed to buy Twitter for $44 billion but has been dilly-dallying the deal to buy Twitter since July. Elon Musk is accusing Twitter of misleading his team about the true size of its user base. Musk said that this amounted to breach of contract and fraud. Twitter sued him, asking him to complete the acquisition, and Musk countersued. Both parties are headed to a trial in a Delaware court.
In details reported about Musk's countersuit, he accused Twitter of intentionally "miscounting" the number of spam accounts it hosts in order to boost its user metrics "as part of its scheme to mislead investors about the company's prospects." In its reply to a filing in Delaware Chancery Court, Twitter called Musk's reasoning "a story, imagined in an effort to escape a merger agreement that Musk no longer found attractive."