Elon Musk calls on Twitter over ‘suspicious’ behavior, frets over new condition to lower bid costs

Elon Musk’s battle against the Twitter bots doesn’t seem to be easing anytime soon.

Jeff Kravitz/FilmMagic

Jeff Kravitz/FilmMagic

The billionaire, who bid on Twitter for an estimated $44 billion, said last week that his deal couldn’t “go through” unless Twitter did a fair check on what percentage of Twitter accounts are bots and spam accounts.

According to an earnings report for the first quarter of 2022, Twitter Estimated that less than 5% of all users were bots and spam accounts, a number Musk has questioned, though he received no response or explanation of how the number was calculated from Twitter CEO Parag Agrawal.

Now the billionaire is doubling down and suggesting that his bid price be reduced by a percentage that is directly proportional to the actual percentage of bots and spam accounts using the Twitter platform.

Related: Twitter gets millions of users in first profit report since accepting Musk’s offer

Musk responded in a discussion between himself and several other users where he called the social media platform’s behavior “suspicious” and came up with a proposed solution for how much he should lower his offer to buy the company.

“I’m afraid Twitter has a negative incentive to reduce spam because it decreases perceived daily users,” Musk said. †[Twitter] still refuse[s] to explain how they calculate that 5% of daily users are fake/spam! Very suspicious.”

A user then suggested that if 25% of all Twitter users turned out to be bots, Musk’s pricing for his acquisition should cost 25% less than what he had originally bid on, to which Musk “absolutely” responded.

He has spoken out over the past week about Agrawal and the Twitter team’s silence on the matter, and he has also revealed that the issue of bots and spam accounts is something he takes extremely seriously when it comes to taking over the company. .

Related: Tesla Billionaire Elon Musk’s Demanding Daily Routine

“I also swore publicly to this that we need to get rid of the bots and trolls and the scams and everything because that obviously degrades the user experience, and we don’t want people to be robbed of their money and that sort of thing,” Musk said during a red carpet interview at the Met Gala earlier this month. “I’m definitely on the warpath, so if someone is serving a bot or troll on me, I’m definitely their enemy.”

Ahead of Musk’s final battle with the company, his acquisition was expected to close in late 2022, but it’s now unclear whether that will happen.

Twitter was down 33.65% yoy at market close on Monday.