Is Elon Musk’s Twitter Buyout for Real? And If the Deal Collapses, What Happens Next?

Musk’s ”tweet will send this Twitter circus show into a Friday the 13th horror show,“ Wedbush Securities equity analyst Dan Ives says

Well, Elon Musk has dropped another bomb in the whole Twitter takeover saga. And it has many wondering whether he’ll actually go through with his plan to buy the social media company and what the consequences of that decision would be.

The billionaire Tesla CEO early Friday tweeted that his Twitter deal is “on hold” as he awaits details about the total number of spam and fake accounts on the platform. But he followed that tweet several hours later saying he’s “still committed” to the $44 billion acquisition that would take the company private.

Become a member to read more.

Antoinette Siu

Media and Tech Reporter • antoinette.siu@thewrap.com • Twitter: @antoinettesiu