Elon Musk has buyer’s remorse. On April 25, the billionaire Tesla and SpaceX CEO agreed to buy Twitter for $44 billion, but since then the stock market has tanked. Twitter agreed to sell to Musk at $54.20 per share, a 38% premium at the time; today it’s trading around $40.That’s probably the real reason Musk is spending so much time talking about bots. On May 13, he claimed the Twitter deal was “on hold” because of a discrepancy over how much of the platform’s user base is made up of bots—a catch-all term for automated accounts. On June 6, Musk’s lawyers sent a letter to Twitter and the US Securities and Exchange Commission, asserting his right to terminate the contract if the company doesn’
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