The highly-anticipated deal between Elon Musk and Twitter has been put on hold for now, the billionaire updated.
Elon Musk informed that his acquisition of Twitter had been delayed because of issues related to fake accounts and scams on the popular social medial platform.
The CEO of Tesla and SpaceX made the news in April when it became known that he had purchased a 9.2% passive stake in Twitter. Shortly after, he dabbled with the idea of becoming a Board Member beforeHowever, he decided to go a step further and offered to buy the entire company and make it private.
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