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MUSK OUT: Elon Musk ’pulls out of Twitter deal over fake accounts’

ELON Musk has pulled out of a bid to buy Twitter, citing alleged spam accounts. 

The Tesla boss, 51, offered to buy Twitter for $44 billion in May but has now threatened to walk away from the deal if the company can’t show that less than five percent of its daily active users are automated spam accounts. 

Twitter offered Musk and his team access to the platform’s ‘firehose’ of raw data on hundreds of millions of daily tweets last month. 

But three people familiar with the matter told the Washington Post that Musk’s team has concluded that Twitter’s figures on spam accounts are not verifiable.

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The sources said Musk’s team is likely to take drastic action, but would not say what that could be. If Musk pulls out of the deal, he could be in for a massive legal battle, the Post reported

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