Elon Musk’s $44 Billion Deal Reportedly In Danger After Twitter Shares fall Down

  Elon Musk’s $44 Billion Deal Reportedly In Danger After Twitter Shares fall Down

Elon Musk’s $44 billion Twitter deal is in danger as on Thursday, the company’s share went down a piece.

It appears like Elon Musk’s $44 billion Twitter deal is in danger as on Thursday, the company’s share went down a bit. This deal has been in the news for a few months now and the Tesla chief had earlier told that he could back out of the deal if the micro blogging platform doesn’t give him full information about the bot or the fake accounts.

A report indicate that the billionaire got all the data related to the bot accounts from Twitter; however, he hasn’t been able to create a list of the non-genuine accounts on the platform till now. Some sources told  that Elon Musk’s team could be heading towards a various direction and his commitment to the deal might be in doubt as of now.

Recently , what Musk given to purchase Twitter is comparatively more than the share price of the company. An analyst named Dan Ives told that Musk’s Twitter deal has caused a “chaos” in the company.

Elon Musk had said while the Qatar Economic Forum that the Twitter deal is on hold because of  the questions related to the bot accounts. He has indicated that as soon as the bot accounts problem is cleared, he will go ahead with the deal. 

Elon Musk trusts that there are a lot of bot accounts that exist on the platform; however, Twitter has stated that there are less than 5 percent of accounts that are not genuine. Furthermore, the billionaire has raised questions regarding the debt on the Twitter as well.