announces Twitter

Elon Musk Announces that the Deal to Buy Twitter is “Temporarily on Hold”

It’s only been a few weeks since Elon Musk practically broke the Internet with the news that he intended to buy Twitter for almost $45 billion—but based on his recent tweets, that game-changing deal may not come to fruition after all. In a simple tweet, Elon Musk announced that his not-yet-finalized deal to buy Twitter…

It’s been just a few weeks since Elon Musk broke the Internet by claiming that he wanted to buy Twitter for nearly $45 trillion. However, his tweets suggest that this potentially game-changing deal might not be realized. Elon Musk simply tweeted that the deal to purchase Twitter was on hold.

Elon Musk caused a stir in the tech world when he announced the latest news regarding his possible Twitter buyout. He tweeted, “Twitter deal temporarily suspended pending details supporting calculation spam/fake account do indeed represent less that 5% of users”, early Friday morning.

As the news spread on social media, Elon posted a follow up tweet saying “Still committed for acquisition.” This sparked criticisms and speculations that Elon’s announcement was the first step in his plan not to buy Twitter. Some people believe that this was his intention. Twitter stock started to move in a yo-yo fashion for the remainder of the day after Elon confirmed that he has pressed the pause button on the buyout.

Meanwhile, as we previously reported earlier this week, Elon Musk stated in

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