Musk Says Twitter Deal Should Move If Company Provides Proof of Real Accounts

Endless soap opera: Elon Musk signals again that he can buy Twitter, after giving up on the deal (Image: REUTERS/Dado Ruvic/Ilustração)

Elon Musk said that if the twitter can provide its sampling method of 100 accounts and since it has confirmed that the accounts are real, the deal to buy the company for $44 billion must proceed on its original terms.

“However, if the records of the SEC (the body that regulates the capital markets in the US) are materially false, then it shouldn’t,” Musk wrote on Twitter earlier this Saturday (6).

In response to a Twitter user asking if the Securities and Exchange Commission (SEC) was investigating the company’s “dubious claims,” ​​Musk wrote: “Good question, why aren’t they?”

Twitter declined to comment on the tweet when contacted by Reuters.

Twitter on Thursday rejected Musk’s claim that the billionaire was tricked into signing the deal to buy the social media company, saying it was “implausible and contrary to the facts.”

“According to Musk, he – the billionaire founder of several companies, advised by bankers and Wall Street lawyers – was tricked by Twitter into signing a $44 billion merger deal. This story is as implausible and contrary to the facts as it seems,” reads the document released by Twitter on Thursday.

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Source: Moneytimes

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