Tesla and SpaceX billionaire Elon Musk said Friday that his takeover of Twitter was temporarily on hold.
Musk said he would conduct his own research into how many Twitter users are fake accounts.
Twitter said in a public filing this month that less than 5% of users are fake or spam accounts.
Elon Musk said Friday he plans to conduct his own research to determine how many Twitter users are actually bots before his purchase of the social media company goes ahead.
In a tweet sent early Friday morning, Musk said the Twitter deal was on hold until he could verify the site’s estimate that fake or spam accounts make up less than 5% of users, although that he added that he was “still committed” to the acquisition.
On Friday night, Musk announced how his team would assess the estimate.
“To find out, my team will do a random sample of 100 @twitter followers,” Musk said in a Tweeter, referring to the platform’s own account, which has more than 61 million followers. “I invite others to repeat the same process and see what they discover.”
He added that he “chose 100 as the sample size number because that’s what Twitter uses to calculate” his own estimate.
Twitter announced on April 25 that it had accepted Musk’s buyout offer. A week later, Twitter said in a public filing that fake accounts or spam accounted for less than 5% of its monetizable daily active users in the first quarter.
When a Twitter user asked if Musk thought about this before agreeing to a $44 billion deal, the Tesla and SpaceX CEO said he “relyed on the accuracy of Twitter’s public records “.
In a follow-up TweeterMusk wrote, “Bots are angry to be counted,” along with a laughing crying emoji.
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