Musk suggests the deal could go through if Twitter provides user verification information

Written by Javed Iqbal

Tesla CEO Elon Musk suggested early Saturday that his acquisition deal with Twitter could still go through if the social media platform provided information on how it verifies that sample accounts are genuine.

“If Twitter simply provides their method of sampling 100 accounts and how they are verified to be real, the deal should continue on original terms,” Musk tweeted. “But if it turns out that their SEC filings are materially false, then it shouldn’t be.”

He later tweeted that he challenged Twitter’s CEO to a debate.

“I hereby challenge@paraga for a public debate on the Twitter bot percentage. Let him prove to the public that Twitter has <5% fake or spam daily users! Musk tweeted.

Musk too tweeted a poll asks if less than 5 percent of daily users on Twitter were spam or fake.

The tweets from Musk are the latest in the drama between SpaceX’s CEO and the social media platform following a lawsuit over his offer to buy Twitter.

Earlier this year, Musk reached an agreement to buy Twitter for $44 billion, but less than three months later he called off the deal. His legal team argued at the time that there was insufficient information about bots on Twitter’s website. The team also claimed that the social media company had fired several employees in violation of their agreement and that its statements about bots were not accurate.

The social media platform sued Musk to force him to complete the purchase.

“After mounting a public spectacle to bring Twitter into play, and after proposing and then signing a seller-friendly merger agreement, Musk apparently believes that he—unlike any other party subject to Delaware contract law—is free to change his mind , trash company, disrupt its operations, destroy shareholder value and walk away said the lawsuit against Musk.

But Musk filed a countersuit earlier this month, with his lawyers claiming he was not consulted on major decisions at the social media company and that the billionaire entered into the deal without knowing about the platform’s “misrepresentations or omissions,” which affected his perception of the value of the site, according to the Associated Press.

Twitter hit back against the countersuit, saying the argument was “conceived in an attempt to escape a merger deal that Musk no longer found attractive when the stock market — and with it his massive personal wealth — declined in value.”

Updated at 15.26

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Javed Iqbal

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