Newsdesk – Tesla CEO Elon Musk taking on his twitter account has made a big annoncement regarding his ‘Twitter’ owing deal.

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He has shared in his post, “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.”

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A few days back, Elon Musk had offered a deal of dollars 44 billion in to the Twitter company. The news headlines highlighted this deal announcement in a big way.

In this order, the share market is showing downward trend in share market with the Tesla CEO Musk’s latest annoncement.

Earlier, Twitter had informed the stock market exchanges that the fake or spam accounts on its platform represent less than 5 percent of its monetisable daily active users during the first quarter. Meanwhile, the social media company had 229 million users who were shown advertising in the January-March quarter.