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Elon Musk says "still committed to acquisition" after posted "Twitter deal temporarily on hold"

Moomoo News ·  May 13, 2022 06:02

Elon Musk tweeted on Friday morning that his deal to buy Twitter is "temporarily on hold".

About 2 hours later, he replied the previous post, say that he is still committed to buy Twitter

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In the previous post, he quote tweeted a Reuters story from May 2 that referenced Twitter's 10-Q filing noting that spam and fake accounts account for fewer than 5% of monetizable daily active users.

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Shares $Tesla(TSLA.US)$ was advancing 5% right after the tweets, while $Twitter(TWTR.US)$ drops about 24%.


Source: Twitter, Reuters
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