Elon Musk’s decision to terminate the deal to buy Twitter – Pakistanwap

Tesla owner Elon Musk has announced that he has terminated the deal to buy Twitter.

Elon Musk says Twitter failed to provide information about fake accounts. I am withdrawing from the 44 billion dollar contract. Twitter’s shares fell as much as 7 percent after the deal was announced.

It should be noted that a few months ago, Elon Musk bought Twitter. The Twitter company had approved the sale of its major social media platform. Twitter’s board accepted Elon Musk’s $44 billion offer, the largest ever to buy a private company.

Elon Musk bid $54.20 per share for Twitter. After the deal, Elon Musk also became Twitter’s single largest shareholder.