Elon Musk made a big statement on Wednesday about the $ 44 billion Twitter deal. They are paying more money for Twitter, saying they are taking over Twitter, but the social media giant has a lot of growth potential in the long term.
Presenting Tesla’s results, Musk told analysts about the $44 billion Twitter deal, according to news agency RANS, saying that I and other investors are paying a higher price for the Twitter deal. I am very excited about this deal because I know this platform can be huge and has incredible growth potential.
The ongoing dispute between Twitter and Musk
Musk is facing a legal dispute over the Twitter deal. Musk backed out of the deal, saying that a large part of Twitter’s total number of users was fake and the company was not giving him information about the exact number of fake users. Because of this he is withdrawing from this deal. Musk also drew on allegations from former Twitter security chief and whistleblower Peter Jatko to support his decision. Peter Jatko is the same person who claimed that Twitter was giving false information about fake accounts.
Musk under investigation by federal agencies
Let me tell you, recently Twitter filed a reply in Delaware court saying that Musk is within the scope of federal agencies regarding the deal. Musk has been asked to contact investigative agencies for months, but they are not.
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