Let’s not mince words here. Musk is trying to get the price to acquire Twitter way down by making these accusations about SPAM and how prevalent it might be on the Twitter platform. On that point, the valuation of Twitter almost entirely depends on active users, so if the company knowingly ignored the bots and counted them as users — they’d be guilty of fraud.
The CEO went on a long winded tirade on Twitter trying to extol the virtues of the piece of shits who work at his company.
Some headlines/statements on this matter:
Shares of Twitter have careened lower again, now below where the stock was before the Musk bid.If you enjoy the content at iBankCoin, please follow us on Twitter