Elon Musk during an event at the SpaceX headquarters in Hawthorne, California, USA, on Thursday, October 10, 2019.
Bloomberg / Getty
In the midst of his deal to acquire Twitter, Elon Musk called on the US Securities and Exchange Commission to look into the number of users of the social network.
Musk, CEO of Tesla and SpaceX, wrote in an unofficial Twitter poll on Tuesday, “Twitter claims that 95% of daily active users are real, unique people. Does anyone have that experience?” He then said, in response to a follower who advised the SEC to start an investigation, “Hello. ECSECGovIs there anyone at home? “
The SEC has been aware of Twitter’s obscure metrics for years.
Musk agreed to buy Twitter for 44 billion last month, but has since said the deal is on hold because of its focus on bots, spam and counterfeiting. Twitter said it still expects the transaction to be priced at $ 54.20 per share.
Investors are dropping shares due to concerns that Musk is about to abandon his contract, which will force him to pay a $ 1 billion breakup fee. Twitter’s stock has dropped all its profits since Musk released its 9% stake in the company early last month.
Shares of Twitter rose 2.5% to $ 38.33 on Tuesday, below the closing price of $ 39.31 on April 1, in the last trading session before Musk disclosed its minority ownership.
Clock: Elon Musk does not appear to have evidence of his bot claim