Elon Musk’s deal to buy Twitter is in serious jeopardy, reports The Washington Post† The team conducting the negotiations on behalf of Musk would have concluded that figures provided by Twitter about spam accounts cannot be verified.
Musk’s team has stopped talking about financing the deal. This would involve approximately $44 billion (43.3 billion euros).
Talks with investors have come to a screeching halt in recent weeks as Musk’s team expressed doubts about recent data it received from Twitter. They think they have too little information to evaluate Twitter’s prospects as a company.
A decision on a change of course is expected soon, although sources say against it The Washington Post not sure what it looks like exactly. Should Musk pull out of the deal, it could lead to a huge legal battle.