Elon Musk Only Has 3 Hurdles To Overcome To Buy Twitter

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Elon Musk says there are three hurdles to overcome before his Twitter acquisition can be finalized. The drama over Musk's proposed Twitter acquisition keeps getting more intriguing with new twists and turns seemingly every other day. Having made a $44 billion offer to buy Twitter in mid-April, Musk had a change of heart the following month, announcing that he won't move forward with the deal until he was given details about the number of bots on the platform.

Even as the world remains on tenterhooks about the deal, many have openly questioned what Musk's acquisition of Twitter might mean for the micro-blogging site. While Musk's supporters believe that he will help restore free speech on the platform, others worry that it could result in an increase in hate speech and misinformation. However, Musk's latest statements on the subject suggest that a deal between him and the social media platform is a long way away from a certainty.

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In an interview with Bloomberg at the Qatar Economic Forum on Tuesday, Elon Musk said that the biggest reason he put the deal on hold last month was the number of bots, or fake accounts, on Twitter. Musk suspects that the number is far higher than what the Twitter board officially admits, while Twitter claims that its data about fake accounts is accurate. Following a lot of back and forth over the issue, the Twitter board agreed to hand over the company's internal data to Musk to help him calculate the number of fake users on the platform. However, despite having all the data at his disposal, Musk says «we're still awaiting resolution» on the subject of spam accounts, suggesting his calculations are still a work in