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Elon Musk pauses purchase of Twitter

Elon Musk
Posted at 5:09 AM, May 13, 2022
and last updated 2022-05-13 07:10:40-04

Tesla CEO Elon Musk said Friday he is temporarily pausing his takeover of the social media outlet Twitter after he questioned its number of users.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted.

Musk announced last month he would purchase Twitter, turning the company from a publicly owned business to one controlled by Musk.

Musk has suggested he would loosen Twitter’s code of conduct, which has booted a number of users off the platform for spreading violent messages or misinformation.

Earlier this week, Musk told the Financial Times that he would reinstate President Donald Trump’s Twitter account if he takes over. Trump’s Twitter account was removed following the Jan. 6, 2021 insurrection as Twitter said Trump’s tweets about the 2020 election violated the company’s code of conduct.