Elon Musk says 3 issues need to be fixed for the Twitter buyout

Musk is seeking to buy Twitter for $44 billion, a mega acquisition with huge implications for the social media world

Elon Musk says 3 points need to be resolved before his Twitter buyout can Go-forward. Read full news.

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Musk says there are three major obstacles to be overcome before he’s able to finish his acquisition of Twitter.

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Musk is seeking to acquire Twitter at $44 billion and its news is coming from last month. This is a massive acquisition that could have enormous implications

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for the world of social media especially given the Tesla as well as SpaceX CEO’s controversial policy regarding content moderation as well as the right to free speech.

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3 points need to be resolved before his Twitter buyout can Go-forward 1. Fake accounts. 2. Debt financing. 3. Shareholder approval

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Attempts to alter social media platforms using bots and fake accounts aren’t all that new,

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but Musk insists he needs more information from Twitter regarding the percentage of its users who are real.

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The public disclosures made by Twitter revealed that the number of fake or bogus accounts at lower than 5 percent of the “monetizable” daily active users.

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The other obstacle that is preventing the Twitter transaction according to Elon Musk is the amount of debt needed to fund the transaction

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The last step for Musk to complete his acquisition is the approval of Twitter’s shareholders. Investors are expected to decide on the deal by late July or early August

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