Elon Musk Threatens To Withdraw Twitter Bid – Accuses Them Of Withholding Data

Billionaire entrepreneur and founder of SpaceX Elon Musk speaks at the 68th International Astronautical Congress 2017 in Adelaide on September 29, 2017. Musk said his company SpaceX has begun serious work on the BFR Rocket as he plans an Interplanetary Transport System. / AFP PHOTO / PETER PARKS (Photo credit should read PETER PARKS/AFP/Getty Images)

Elon Musk is not backing down to Twitter.

Musk sent a letter to Twitter Chief Legal Officer Vijaya Gadde accusing Twitter of withholding data on the number of bots and fake accounts.

From The Post Millennial:

Elon Musk has accused Twitter of “resisting and thwarting” his inquiries about how many fake, or bot accounts are currently on the Twitter platform. Musk has been trying to get this information since his acquisition process for the platform began.

Musk has reportedly called Twitter’s unwillingness to provide the information a “clear material breach” to the terms of the agreement that is still under negotiation. As a result, Musk is reserving his right to not complete the transaction.

He said further that Twitter must provide the information that is being requested, and that the merger agreement requires it. Ringler disputed Twitter’s claim that they are not responsible to give that data in order to close the deal.

Despite Twitter claiming only 5% of its users are bots an estimate put the real percteage at between 10-15%:

 

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