Friday, May 13, 2022

TIPSHEET_ Trump Speculates on the One Part of Twitter Deal That's Stopping Musk from Walking Away

Townhall

Townhall  -  Tipsheet  -  Leah Barkoukis

Trump Speculates on the One Part of Twitter Deal That's Stopping Musk from Walking Away

Leah Barkoukis | @LeahBarkoukis
| Posted: May 13, 2022 12:15 PM


Source: AP Photo/Chris Seward


Former President Donald Trump weighed in on the news that billionaire Elon Musk's deal with Twitter is on the rocks over the percentage of its users that are fake accounts.

In a tweet Friday morning, Musk said the $44 billion deal is "temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users." He linked to a Reuters report detailing a Twitter filing that said spam accounts were "fewer than 5% of its monetizable daily active users during the first quarter." The company said 229 million users were shown advertising in this period.

Trump surmised the only thing likely holding Musk back from backing out of the deal is a "ridiculous Billion Dollar breakup fee."

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READ MORE: https://townhall.com/tipsheet/leahbarkoukis/2022/05/13/trump-reacts-to-news-of-twittermusk-holdup-n2607209

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