Tesla CEO Elon Musk’s deal to buy Twitter is in danger as his representatives continue to claim that the micro-blogging site’s spam accounts are not verified, according to a report.
Three people familiar with the matter told Washington Post that Musk’s team has stopped engaging in certain discussions around funding for the $44 billion deal, including with a party named as a likely backer.
Talks with investors have cooled in recent weeks as Musk’s camp has raised doubts about the recent data “fire hose” â a trove of data sold to corporate customers â they received from Twitter. Musk’s team’s doubts about the spam figures signal they believe they do not have enough information to evaluate Twitter’s prospects as a business, the people said, according to the Post.
More to follow
