Read Elon Musk’s Letter to Twitter Calling Off $44 Billion Buyout

Read Elon Musk’s Letter to Twitter Calling Off $44 Billion Buyout

Tesla CEO Elon Musk has abandoned his deal to acquire Twitter for $44 billion in a letter to Twitter filed with the SEC on Friday. According to the letter, “Twitter has not complied with its contractual obligations. For nearly two months, Mr. Musk has sought the data and information necessary to ‘make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform’.”

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