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Matt Levine

Elon Musk Does Not Care About Spam Bots

Also the merger proxy and Allianz Structured Alpha.

Programming note: Money Stuff will be off tomorrow, back on Thursday. Unless. You know.

Elon Musk is the richest person in the world, and an active Twitter user. When he tweets, he gets a lot of spammy replies, many of which seem to be written by automated bots. He has complained about this a lot. Eventually he decided to do something about it. The thing that he decided to do about it was buy Twitter. On April 13, he sent a letter to Twitter Inc.’s board of directors offering to buy the company for $54.20 per share in cash. “If our twitter bid succeeds,” he tweeted, “we will defeat the spam bots or die trying!”