Elon Musk said early Friday morning that his deal to buy the social media company was “temporarily on hold” over a report over fake accounts on the platform.
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It was not immediately clear based off Musk’s tweet if any official steps had been taken to halt the acquisition, which was agreed on in late April with a price tag of about $44 billion. Twitter’s value, calculated based on its stock price, has dropped in recent weeks along with a broader decline in tech stocks.