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According to the latest data, Twitter has 217 million monthly active users. In this sense, therefore, it is not a hegemon among social platforms. Despite this, it still plays an important role: the leaders have their accounts there politicians, billionaires, athletes or scientists. Nearly 93 million people observe Elon Musk on the website.
Elon Musk takes over Twitter
However, Twitter could change significantly soon. Elon Musk has announced its acquisition. The billionaire wants to increase the number of Twitter users to one billion. He already has some ideas on how to make the platform even more influential. He has proposed, among other things, the suspension of Donald Trump’s account.
More information from the country on the Gazeta.pl home page
How much will Elon Musk pay for Twitter? How will I fund the purchase and what changes do I intend to make to the platform? What might his experiments with free speech lead to? Is the acquisition already a foregone conclusion? These questions are answered in the fourth episode of Next Station.
Watch the video We can’t afford an apartment and Musk takes over Twitter. See how [Next Station]
Musk must first verify the number of fake accounts
Before the acquisition takes place, however, Elon Musk wants to verify the data on the fake accounts on the portal. The billionaire promised that after buying Twitter he would focus on removing bots and spam from the platform. On Monday 9 May, however, the report was published, showing it in the first quarter of this year. fake accounts and spam bots make up less than 5%. active users of the platform that can be monetized.
The contract on Twitter temporarily suspended the pending data confirming the estimate that spam / fake accounts actually accounted for less than 5%. users
– wrote Elon on Twitter.
Its entry caused a storm on the stock market. Twitter shares in pre-session trading fell as much as 20% on Friday, dropping below $ 35. It was trading at $ 45.08 at the close of the New York Stock Exchange on Thursday.
Documentation released in late April about the Twitter acquisition deal found that both Musk and current investors could pull out of the deal with a $ 1 billion fine.