Elon Musk Says His $44 Billion Twitter Deal Is ‘On Hold’

Elon Musk stated his deliberate acquisition of Twitter was “temporarily on hold” due to issues about faux accounts, a shock twist that jolted traders and raised questions on his willingness to undergo with the $44 billion transaction.

Mr. Musk’s grenade got here in a tweet posted at 5:44 a.m. Eastern Time that was adopted simply over two hours later by one other saying he was “still committed to acquisition.” Lawyers near Mr. Musk urged him to ship that follow-up tweet, in line with individuals acquainted with the matter.

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