Negotiations with investors have dwindled significantly in recent weeks, according to the publication. Musk’s team concluded that Twitter’s data on spam accounts was not verifiable.

what is known

• According to one of the sources, Musk stopped participating in some discussions about the financing of the $44 billion deal, including a party known as a possible backer.
• Talks with investors have slowed in recent weeks as Musk’s team continues to doubt the latest figures about the platform’s user base, which has pushed fake accounts to only 5 percent. According to informants, suspicions show that The billionaire’s lawyers feel they don’t have enough information to assess Twitter’s future as a business.
• One source said Musk is expected to take potentially drastic action as his team concludes that Twitter cannot verify its data on spam accounts. This person said that a change of direction from the receiver could happen soon.
• Spam accounts aren’t the only reason Musk is trying to avoid the deal. Twitter’s stock price has fallen sharply since its takeover bid in April, giving the impression that it’s overpaid.

Despite everything, it will not be easy for Musk to abandon the deal. HE can withdraw the purchase offer only if something serious happens to Twitter’s businessand legal experts doubt that the bot issue would fall within this definition.

Twitter, which initially tried to resist Musk’s offer to buy 100 percent of the stock, will be a weaker company if the deal breaks down. They said they wanted to complete the operation. Even if Musk refuses, he will have to pay a $1 billion termination penalty.