Tesla boss Elon Musk said on Friday he was suspending the takeover of Twitter pending details on the proportion of fake accounts on the social network. The group’s share plunged around 20% after this announcement in electronic trading preceding the opening of Wall
The richest man in the world had decided to buy Twitter to make it a private company, not listed on the stock exchange. The board of directors ended up accepting his offer, despite the reluctance of leaders, employees and many NGOs, who fear that Elon Musk is letting misinformation and hateful messages thrive on the platform. Because the whimsical entrepreneur wants to make the social network a bastion of freedom of expression, which he considers flouted by too strict moderation of content.