The question of the number of fake Twitter users, Elon Musk has been temporarily shelved acquisition plans. He recently hinted that the new purchase price will be determined according to the number of real users on Twitter.
On Saturday, US local time, Twitter user Ian Miles Cheong tweeted about Musk’s idea that he might lower his bid for Twitter, writing: “If 25% of Twitter users are bots, then the deal to buy Twitter The cost should also be reduced by 25%.” Musk replied in the affirmative.
When asked Twitter to disclose whether the platform has a number of real active users, Musk pointed out that this latter remains tight-lipped. He wrote: “They still refuse to explain how to calculate the number of false accounts or garbage very suspicious!.”
Musk also expressed doubts about Twitter’s willingness to address bots on the platform, tweeting: “I’m concerned that Twitter has no incentive to reduce fake accounts because that would reduce the perceived number of daily active users. quantity.”
Last week, Musk announced that he was shelving his takeover bid for Twitter, saying his cash offer for Twitter was based on the company’s filings with the U.S. Securities and Exchange Commission (SEC), which are false claims on the platform. Or the number of spam accounts is “accurate” enough.
Musk said Twitter CEO Parag Agrawal publicly refused to provide evidence that the percentage of spam or fake accounts was actually less than 5 percent. That prompted his decision to put the deal on hold until accurate details were available. Musk expects the number of fake accounts on the Twitter platform to be “much higher. ”
In the first quarter of 2022, Twitter reported a 15.9% year-over-year increase in its monetizable daily active users to 229 million, with 39.6 million U.S. daily active users and 189.4 million international daily active users.
If Musk’s $44 billion acquisition of Twitter’s transaction costs were reduced by 25%, the purchase price would fall to $33 billion, or $40.65 per share, from $54.2. On Friday, U.S. local time, Twitter shares closed at $38.29 in New York.