Elon Musk Bets Still Available as Twitter Purchase No Longer a Sure Thing

Written by :

C Costigan

Published on :

17 May, 2022

Elon Musk Bets Still Available as Twitter Purchase No Longer a Sure Thing

Elon Musk says that $44 billion Twitter acquisition deal cannot proceed until there is proof provided that the social media platform has fewer than 5% fake accounts as BetUS continued offering betting odds on Musk, mostly tied to Twitter.

"My offer was based on Twitter's SEC filings being accurate," Musk tweeted.

Musk said last Tuesday: "20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher." Musk did not detail how he arrived at the 20% figure.

Since first flirting with the idea of buying Twitter, Elon Musk betting markets have lit up. The offerings have increased and decreased based on the news cycle and eliminations. The Twitter acquisition odds were taken down after the deal was confirmed.

Now that deal is in doubt.

Twitter CEO Parag Agrawal on Monday posted a thread on Twitter claiming that Musk's sampling technique was mostly flawed. Musk responded to Agrawal's post with a poop emoji.

Speaking at the All In Summit in Miami Monday, Musk said that renegotiating his Twitter deal to a lower price wouldn't be "out of the question," Bloomberg reported.