The Tesla CEO said his deal to buy Twitter can't move forward unless the company shows public proof that less than 5% of the accounts on the platform are fake or spam.
Elon Musk said his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts. He later added that he's "still committed to acquisition.”
Elon Musk said he would overturn former President Donald Trump's ban from Twitter if his purchase of the company is successful.
Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
Former President Trump will not return to Twitter, even as Elon Musk purchases the social media company and reinstates his account, instead using his own TRUTH Social as the sole platform for his voice.
Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he's trying to negotiate an agreement with the company.
Elon Musk made a proposal to buy the remaining shares of Twitter that he doesn't already own, offering $54.20 per share of the company's stock.
The social media giant announced on its account that the company had been working on an edit feature since last year.
Donald Trump announced Wednesday he was serving as lead plaintiff in the class-action suits, claiming he has been wrongfully censored by the companies.
Twitter on Thursday unveiled a brand new feature called Tip Jar, which allows users to send money through the app to creators.