Some theorize that Musk's cold feet are a result of the economic downturn, but the mogul is using concerns about automated bot accounts as a potential way out.
Elon Musk’s wishes for more information about Twitter bots might just get granted. Twitter is planning to offer its presumptive buyer its full “firehose,” or a comprehensive stream of data on tweets, according to a report from the Washington Post.
After agreeing to buy Twitter for $44 billion without doing much due diligence, the Tesla and SpaceX CEO has thrown an extended, public temper tantrum in an apparent effort to back out of the deal. While some theorize that Musk’s cold feet are a result of the macroeconomic downturn, the billionaire mogul has used the issue of automated bot accounts as a potential way out of the deal.
On Monday, Twitter shared a letter from Musk’s legal team in an SEC filing, declaring that Musk needed more transparency around “spam and fake accounts” on the service before he could move forward with the deal. Twitter estimates that bots make up less than 5% of accounts on the site, but “lame duck” CEO Parag Agrawal said that he doesn’t think this calculation could be verified externally, since it requires use of private company data (and that’s when Musk sent the CEO a poop emoji).Twitter will reportedly hand over internal data to soothe Musk’s bot fears View Story