That's a fancy way of saying that he can't get the financing.
Lol. That is a ludicrous statement. He's the richest private citizen in the entire world. He can get the financing. He can get financing for anything. $44 billion in financing is a drop in the bucket to a guy like that.
Twitter is
CLEARLY without question, 100% lying to it's shareholders and advertisers and in it's SEC filings as well and has committed fraud. There is NO way in HELL their user base is "well below 5%" bots/spam. It's just not possible.
Elon Musk's buying Coca Cola and putting the cocaine back in it tweet is the most liked tweet of all time. It was interacted with by ONLY 2% of Twitter's entire user base. Given that fact- just running the numbers- there is a
very high likely hood that the number of bots/spam could even be as high as 50%. How are advertisers suppose to know what they’re getting for their money if a shitload of the accounts are fake? Who would even want to advertise on a platform like that with so many fake users?
Twitter REFUSES to provide proof of their ludicrous claim that the bots/spam is "well below 5%". Won't provide proof, and the shitbag CEO of the shitbag company says it's impossible for verification of bots/spam to be "performed externally".... ie....no outside actor can verify our info.....just trust us. Uh yeah, how about no.
Twitter is not NEARLY as influential or widely used as media makes it out to be- which made no sense to me why the F they were freaking and flipping out that he was buying it. It's a complete DOGSHIT company, it's forever been a dogshit company, and it's user base/engagement is f***king WEAK sauce. In terms of revenue, influence, user base/engagement, literally any metric you can think of- Twitter is a PISS ANT peon NOTHING compared to Google, Facebook, TikTok, or even Snapchat.