Elon Musk will cancel Twitter deal if these conditions are not accepted

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Elon Musk, the world’s richest person and owner of companies like Tesla and SpaceX, had made a deal to buy Twitter a few months ago, which he has now said will be cancelled. Now Elon Musk has warned that if social media giant Twitter fails to provide data on spam and fake accounts, he can end his $44 billion Twitter deal.

Accused of violating Twitter rights

Musk had said this in a letter written to the company on Monday. The letter said that Twitter was violating its rights and Musk had the right to terminate the deal. Earlier in March, Musk had said that he would put the deal temporarily on hold if the social media company delayed providing data on the ratio of its fake accounts.

Let us tell you that there was an uproar on social media ever since Musk acquired micro-blogging site Twitter for about $44 billion a month ago. Since then Musk has been continuously in the headlines on social media and news. Since then, Musk keeps creating ruckus on social media by tweeting something or the other. News agency PTI tweeted that according to news agency AP, Musk threatened to cancel Twitter’s $44 billion deal, accusing the company of hiding data about fake user accounts.

Twitter said in a statement that it has and will continue to share information with Musk. The company said it believes the deal is in the best interests of all shareholders. It is expected to complete the transaction and close the deal at the agreed price and terms. It is believed that if Musk tries to stop the deal, then Twitter may also try to file a case in the court to complete the deal.

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