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June 10, 2022 at 7:58 pm

Analyst: 60% Chance Elon Musk Walks Away from Twitter Buyout Deal…

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by Lucas Nolan at Breitbart

Business Insider reports that Tesla CEO Elon Musk’s $44 billion acquisition of Twitter is still on hold as Musk continues to investigate the number of bot or fake accounts on the platform. Last weekend, Musk called Twitter’s lack of transparency around how it calculated the number of bots on its platform “very suspicious,” and agreed with a comment that suggested if 25 percent of users on Twitter were bots, the deal to purchase the social media network should cost 25 percent less.

Absolutely

— Elon Musk (@elonmusk) May 21, 2022

Twitter has estimated that around 5 percent of its 229 million daily active users are automated bots, but others have claimed the number is much higher. Dan Brahmy, CEO of the Israeli tech company Cyabra, told Reuters that the number was likely closer to 13.7 percent. Musk has claimed he thinks the number of bots is closer to 20 percent…

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