Why Elon Musk has stalled plans to buy Twitter

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Mr Musk said he was “still committed to acquisition” despite the holdback, in a tweet on Friday afternoon.

The soon-to-be owner did not divulge his exact concerns over fake accounts.

Analysts have said Mr Musk’s issues with the platform’s fake accounts are likely linked to his plans to boost the platform’s revenue via subscriptions and increased advertising.

Hargreaves Lansdown’s Susannah Streer said: “Musk’s Twitter takeover was always destined to be a bumpy ride, and now it risks hitting the skids over the number of fake accounts on the platform.



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