One of those terms also includes a billion-dollar breakup clause for Musk if he chooses to walk away from the deal. The company submitted the document, which updates the SEC about important changes ahead of shareholder meetings, saying they were committed to completing the deal at the agreed price and terms 'as promptly as practicable.' In pre-market trading today, they continued the slump to $36.20 Twitter share prices fell by 8.2 percent after Musk's comments.Īnalysts had claimed his statements could be an attempt by Musk to try to lower the price or pull out of the deal.īut Twitter quashed that today by saying they had filed a preliminary proxy statement with the SEC saying they intend the deal to go ahead at the agreed price of $54.20. I might never have voted for a Republican, just to be clear,' he said. 'I have voted overwhelmingly for Democrats historically. Musk also saved a jab for Biden himself - suggesting the Democrat will not have Musk's support in 2024. He also took aim at assertions that he was mounting a 'right-wing takeover' of Twitter, blasting the site as having a 'very far left bias.' He had bought the entire platform for $54.20 per share, totaling roughly $44 billion.īut Musk reasserted his concerns about Twitter's bot activity at Miami's All In Summit later on Tuesday, claiming it 'seems beyond unreasonable' that at least 95 percent of accounts are authentic. Late last month Twitter announced its board had reached a deal with the billionaire engineer for him to take the site private. His personal handle cannot be audited because Spark Toro's metrics do not factor suspended accounts.Īn analysis found that more than 11 million followers of Biden's official Twitter handle are either fake or inactive Obama's was archived under audit of ex-President Donald Trump's archived presidential account, shows that 42.4 percent of its followers are fake. When he left office, the account was transferred to former President Donald Trump. or because they’re no longer active on Twitter).'īiden's old boss, former President Barack Obama, was the first commander-in-chief to use the account as a way to connect directly to millions of Americans online. Spark Toro's metric takes into account 'accounts that are unreachable and will not see the account’s tweets (either because they’re spam, bots, propaganda, etc.

That's 49.3 percent of Biden's total followers on his White House account. Roughly 11 million followers of the US president's official Twitter handle, are either bots or inactive accounts, according to an analysis by Spark Toro. Some were designed to give people immediate data on things like the stock market and traffic updates, while others were used for more sinister applications such as spreading misinformation online or scamming people out of money. Inauthentic Twitter accounts, known colloquially as bots, operate to mimic human interaction on the platform in order to achieve a specific goal. The report comes as Tesla founder Elon Musk pumped the breaks on his $44 billion purchase of the social media platform over concerns about the amount of bots active on the site. Nearly half of President Joe Biden's 22.3 million Twitter followers are fake, a new analysis revealed on Wednesday. Late last month Musk agreed to buy Twitter for a staggering $44 billionīy Elizabeth Elkind, Politics Reporter For Dailymail.Com and Jack Newman For Mailonline.He also said he would be voting for a Republican president in 2024, not Biden.The Tesla billionaire accused Twitter's CEO of lying about the company's claim that less than 5% of its more than 200 million accounts are fake.It comes as Elon Musk took shots at Biden and Twitter at a Miami conference.An audit of ex-President Donald Trump's archived presidential account, shows that 42.4 percent of his followers are fake.The same analysis found that more than 14 million accounts who follow Biden's personal handle are also either fake or insufficiently active.Just over 49% of Twitter followers of the official account are fake.Almost half of President Biden's Twitter followers are FAKE, audit reveals as Elon Musk puts deal to buy Big Tech giant on hold over bots

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