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Elon Musk's $44 billion deal is reportedly in jeopardy as Twitter shares fall.

 Elon Musk's $44 billion Twitter deal appears to be in jeopardy, as the company's stock fell slightly on Thursday. This deal has been in the news for a few months, and Tesla's CEO previously stated that he may back out if the microblogging platform does not provide him with full details about the bot or the fake accounts.


According to reports, the billionaire received all of the data related to bot accounts from Twitter; however, he has yet to compile a list of non-genuine accounts on the platform. According to some sources, Elon Musk's team may be heading in a different direction, and his commitment to the deal may be in jeopardy.

Currently, Musk's offer to purchase Twitter is greater than the company's share price. According to an analyst named Dan Ives, Musk's Twitter deal has caused "chaos" in the company.



Elon Musk stated at the Qatar Economic Forum that the Twitter deal is on hold due to concerns about bot accounts. He has stated that he will proceed with the transaction as soon as the bot account issue is resolved. Elon Musk believes that there are a lot of bot accounts on the platform; however, Twitter has stated that less than 5% of accounts are not genuine. Furthermore, the billionaire has raised concerns about the debt on Twitter.