“Elon Musk says Twitter deal ‘cannot move forward’ until he has clarity on bot numbers”
May 17, 2022
“Elon Musk said his $44 billion purchase of Twitter will not move ahead until he has more clarity on how many accounts are fake.
Twitter estimated in a filing earlier this month that fewer than 5% of its monetizable daily active users — known as mDAUs — during the first quarter were bots or spam accounts.
But Musk estimates that around 20% of the accounts on Twitter are fake or spam accounts and he’s concerned that the number could be even higher…”