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Elon Musk’s deal to buy Twitter is in peril

Talks with investors have cooled in recent weeks and Musk’s camp believes it can’t confirm Twitter’s claims about spam accounts

Updated July 7, 2022 at 7:37 p.m. EDT|Published July 7, 2022 at 4:38 p.m. EDT
Elon Musk's deal to buy Twitter is in jeopardy. (Patrick T. Fallon/Bloomberg)
7 min

Elon Musk’s deal to buy Twitter is in serious jeopardy, three people familiar with the matter say, as Musk’s camp concluded that Twitter’s figures on spam accounts are not verifiable.

Musk’s team has stopped engaging in certain discussions around funding for the $44 billion deal, including with a party named as a likely backer, one of the people said. The people spoke on the condition of anonymity because of the sensitivity of the ongoing discussions.