Trump does not believe that billionaire Elon Musk still wants to buy Twitter

Former US President Donald Trump (right) thinks that billionaire Elon Musk could have pulled out of the deal with Twitter if it weren’t for the termination fee – Photo: Wion

“There will be no way Elon Musk buys Twitter at such a ridiculous price,” Trump wrote on the social network TRUTH he founded. The former US president said that spending $ 44 billion to buy Twitter is unreasonable because this social network is mainly bot (pre-programmed) and spam accounts.

Mr Trump’s statement came after billionaire Musk confirmed last weekend that he was suspending the takeover of Twitter until he confirmed that the rate of fake or spam accounts is really below 5% like the social network. This association declares or not. However, he affirmed that he was still “committed” to this deal, according to the magazine Business Insider. If “cancel the contract”, Mr. Musk will have to pay a termination fee of up to $ 1 billion.

“Only a fool would buy Twitter at that price and Elon is not like that. Besides, how can this deal continue when he may have bought his shares illegally?”, Sputnik news agency quoted Mr. Trump mentioned that Mr. Musk is facing a lawsuit over the acquisition of shares of Twitter.

According to the lawsuit, the US billionaire delayed announcing his purchase of shares in Twitter to take advantage of buying more shares at a low price before reaching the threshold of 9% and announcing his intention to buy this social network.

Last week, billionaire Musk said he would allow former President Trump to reopen his Twitter account after more than a year of being banned from this social network and other networks such as YouTube and Instagram, related to the riots. at the US Capitol in January 2021.

However, Mr. Trump seems to be no longer interested in Twitter and has once announced that he will not return. “In my opinion, TRUTH is so much better than Twitter,” he said, taking advantage of his social media ads.