Many questions were raised by Musk’s actions. For one thing, his Twitter takeover agreement does not involve an interim suspension. Twitter, on the other hand, has mentioned the estimate of less than 5% bot and phony accounts for years, not just in its quarterly report. Industry analysts speculated that Musk was attempting to back out of the costly arrangement or at the very least reduce the price.
A sample of 100 accounts
sea The New York Times After pressure from his lawyers, the 50-year-old millionaire only issued the second clarification tweet. Musk responded on Saturday. His team will randomly select 100 Twitter followers from the web service’s account and examine how many of them are false or bot accounts. The survey’s sample size of 100 accounts is quite small. And Musk certainly wanted that to be known: he chose them because Twitter, he added, utilizes a test group of this size as well.
According to Musk, the Twitter legal department subsequently claimed that this figure was subject to a non-disclosure agreement. Tesla’s CEO and the board of directors of Twitter have reached an agreement on a deal valued roughly 44 billion dollars. However, he is still reliant on a sufficient number of stockholders willing to sell their shares to him. The deal was supposed to be completed by the end of the year, according to Twitter and Musk. He has already purchased a nine percent interest in Twitter on the stock exchange in the last few months.