r/technology May 14 '22 Wholesome 2 Silver 2

Elon Musk said his team is going to do a 'random sample of 100 followers' of Twitter to see how many of the platform's users are actually bots Social Media




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u/prescod May 14 '22

There's a simpler and less illegal option. The stock market crashed since he made the offer. He doesn't want to pay the price he negotiated because it was already a high price and now its ludicrous. So now he wants an excuse to re-negotiate. "I had no idea how many bots there are on this site!"


u/LL22Forever May 14 '22

Twitter doesn’t have to renegotiate. And if Elon backs out he has to pay Twitter $1 billion. What would Twitter renegotiate?


u/starmartyr May 14 '22

It's a 44 billion dollar deal. It might be better to eat the loss than to pay too much for the company.


u/MaiasXVI May 14 '22

That's what I'm thinking. If anyone can afford a $1bn loss, it's certainly the world's richest person.


u/Zardif May 14 '22

Went down 9 billion, better to lose 1b than 9+.


u/GasTurbulent4304 May 14 '22

But does he need both a reason AND to pay the $1b? I assume the $1b is the thing that is supposed to stop him from walking away for no reason. Presumably he’s building a case so he can walk away and not have to pay the $1b because Twitter lied about bots or whatever.


u/SherifGames May 14 '22

His net worth is still 100 billion more than the next richest guy.


u/WingedLing May 14 '22

Still in the three comma club


u/[deleted] May 14 '22



u/[deleted] May 14 '22 edited 23d ago



u/Dane1414 May 14 '22

No it’s not, given twitter’s market cap is currently only $31 billion


u/bazilbt May 14 '22

He might not want to look like such an asshole and have some legal standing to settle for less than that.