Elon Musk is threatening to call off his deal to buy Twitter for $44 billion. On Monday, lawyers for Musk sent a letter claiming that Twitter has refused to provide accurate information about the number of bots and fake accounts on the platform. Twitter has previously said fake accounts make up 5 percent of Twitter users, but Musk believes the number may be closer to 20%. Musk agreed in April to buy out Twitter at $54.20 a share, but the company's stock price has dropped 23 percent since then. If he walks, Musk would be on the hook for a $1 billion 'breakup fee'. Do you think Musk wants to back out of the deal, and is using this as an excuse? Does he have a point about the bots?
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