Elon Musk said re-pricing his Twitter deal for less ‘is not out of the question,’ the report said

At “The All In Summit 2022,” Elon Musk didn’t appear to feel that way about his Twitter deal.



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He said a deal with a lower price tag is not “out of the question”. Bloomberg reported:

“Right now I’m being told there’s just no way of knowing the number of bots… It’s as unknowable as the human soul,” Musk said at the conference in Miami, according to a video posted to social media, Bloomberg. added.

Elon Musk has been publicly doubting on its bid to acquire Twitter for about $44 billion as tech stock dropped

It started Friday morning when he tweeted the deal was temporarily “on hold”, and later he was “still committed” to the purchase. That evening, he said his team would check how many spambots were in 100 accounts.

This appeared to have sparked a response from Twitter stakeholders.

Musk also said Friday night 100 accounts was the sample size Twitter uses, and then Musk said Saturday that Twitter’s legal team said he… broke his NDA by revealing it.

Twitter CEO Parag Agarawl said in a thread Monday that no one can run a spambot test with 100 accounts, and Musk replied to the thread with a poo-emoji

Twitter has long reported that the number of spam accounts is at 5%, Variety has done that noted

Musk has talked about problems with spam or bot accounts on Twitter beforebut Wedbush analyst Dan Ives said that Musk talked about spam bots as a “dog ate the homework” kind of explanation to get out of the acquisition or lower the price.

“The tremendous pressure on Tesla’s stock since the deal, a changing stock market/risk environment over the past month, and a number of other funding factors have left Musk ‘cold feet’ on the Twitter deal,” Wedbush noted, as told Insider. earlier reported

The bot idea is “not a new problem and probably more of a scapegoat to push for a lower price,” Ives added.

As for the conference, also several Twitter users reported that he said, “The more questions I ask, the more my concerns grow,” about the company. Insider was unable to independently verify this.

Musk spoke on video at “The All In Summit 2022” Monday afternoon at 2 p.m. ET, and the media was not allowed to come to the event, per Bloomberg

The event is an offshoot of the podcast of the same name, which “covers everything economic, technical, political, social and poker,” according to Twitter. bio

The All In event website promised “three days of discussions, belly laughs, poker and fine wine with the besties,” and featured speakers such as Nate Silver, editor-in-chief of FiveThirtyEight, and Keith Rabois of Founders Fund.

Twitter and Elon Musk did not respond to a request for comment.


Shreya Christinahttps://businesstraverse.com
Shreya has been with businesstraverse.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider businesstraverse.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

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