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Elon Musk Says Twitter Must Prove Bot Claims for $44 Billion Deal to Proceed

  • Billionaire now says he won’t move forward otherwise
  • Musk stokes speculation he may walk away from a deal
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WATCH: Musk says he won’t proceed with the deal unless Twitter can prove bots make up fewer than 5% of its users. Bloomberg Intelligence’s Matt Bloxham has the details.Source: Bloomberg
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Elon Musk declared he won’t proceed with his $44 billion takeover of Twitter Inc. unless the social media giant can prove bots make up fewer than 5% of its users, casting yet more uncertainty over the deal.

The billionaire tweeted “this deal cannot move forward” unless Twitter provides proof of its claims, reiterating his own view that the ratio is far higher.