Elon Musk now says transactions involving Twitter are now "temporarily suspended", awaiting more information on the count saying spam accounts cover less than 5% of users.
Previously, Elon Musk had made a bid to take over Twitter for $ 44 billion-and the offer was accepted by Twitter’s board members. Elon Musk has been in the process of raising funds over the past few weeks.
Elon Musk is now seen waiting for more information on whether or not only 5% of accounts are in the form of spam accounts on Twitter. Previously, Twitter in filings said Twitter had around 229 million users who could display advertising for the first quarter of last 2022.
This statement by Elon Musk also made Twitter shares fall slightly.
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