It’s looking more like Elon Musk could bail on buying Twitter
by Richard Lawler from The Verge - All Posts on (#616AD)
Illustration by Kristen Radtke / The Verge; Getty Images
The Washington Post reports that Elon Musk's $44 billion deal to buy Twitter is in peril," based on three anonymous sources who told the paper that the billionaire's camp has stopped engaging in certain discussions around funding" for the agreement. Musk isn't going it alone in his attempt to buy Twitter, with others like Larry Ellison, the venture capital firm Andreessen Horowitz, Fidelity, the crypto exchange Binance, and the state investment firm of Qatar among those pitching in a few billion as a part of the effort.
The idea that a drastic" change of direction on the deal is close to happening is supposedly due to concerns that Twitter's data regarding spam and bots on the platform is not verifiable. The report comes just hours...