The acquisition of Twitter is still far from being formalized. Multi-billionaire Elon Musk said Tuesday, June 21 that there were “some unresolved issues” in his plan to buy Twitter for $ 44 billion, including the “very important” question of the number of fake users on the social network. “There are still some unresolved issues,” Musk said during the Qatar Economic Forum in Doha, where he appeared by videoconference, but did not wish to expand too much on the “sensitive” subject of the takeover of Twitter. According to him, the social network estimates the number of fake accounts and spam at less than 5% of daily active users, which the entrepreneur doubts.
“We are still awaiting a settlement on this issue which is very important,” hammered the boss of Tesla and SpaceX, while Twitter finally agreed in early June to provide him with the necessary information on this subject. Twitter’s debt and shareholder vote in favor are also among the issues to be resolved, he added. Elon Musk wants 80% of the North American population and half of the world to join the social network and recognizes that it must therefore not be “a space where people feel uncomfortable or harassed” . This is where his conception of freedom of expression, “different from free access” to content, comes into play.
Takeover of Twitter by Elon Musk: the stock market policeman in turn asks for explanations
Say what you want “within the limits of the law”
“Twitter’s approach should be to let people say what they want within the bounds of the law and limit who sees what based on user preferences,” he said. If his takeover project succeeds, Elon Musk wants to “pilot the product” Twitter, as he does at Tesla and SpaceX, without necessarily having the title of CEO. The multi-billionaire also clarified the figures published in the media at the beginning of June on a possible reduction in the workforce at Tesla, announcing that the number of employees should decrease by around 3.5% in the next three months before starting to increase again in a year.
About the 2024 US presidential election, the entrepreneur said he had not decided who to support but that he thought of investing between 20 and 25 million dollars in the campaign of the candidate on whom he would choose . Elon Musk has previously said he favors ultra-conservative Republican Florida Governor Ron DeSantis.
Elon Musk: Twitter owners refuse to renegotiate the social network’s takeover price