Time to play “Let’s Make a Deal,” or time to escape a deal? With Elon Musk, no one’s ever quite sure, but the Twitter buyout has had a lot of whiplash even for the world’s wealthiest mogul. Capping off a four-week fight over the true percentage of bot content on the platform, Musk’s attorneys warned the current Twitter board that Musk would terminate the deal if Twitter continued to stonewall him on that data:
Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday that the social platform included in a filing with the Securities and Exchange Commission.
The letter says Musk has repeatedly asked for the information since May 9, about a month after his offer to buy the company, so he could evaluate how many of the company’s 229 million accounts are fake.