Musk: Twitter deal at lower price "not out of the question"
State of play: Musk recently put his deal to buy Twitter "temporarily on hold" as he seeks out more information about spam and fake accounts.
Driving the news: In a series of tweets Monday, Twitter’s chief executive Parag Agrawal defended the company's estimate of "well under 5%" fake accounts and bots and laid out how it arrived at the figure.
- Musk replied to Agrawal's tweet and responded with the poop emoji.
Musk went further at the All-In Summit, saying without providing evidence that it "seems beyond unreasonable" that Twitter's number of human accounts is at over 95%.
- "Does anyone have that experience?" Musk asked.
- Musk said that there is probably four to five times the number of bots compared to what Twitter said. The lowest estimate, he said, is that Twitter is 20% full of bots.
- Per Bloomberg, Musk said that a viable deal for Twitter at a lower price is not “out of the question.”
Our thought bubble, via Axios' Scott Rosenberg: Every Twitter user's experience varies based on who you follow and who follows you. Musk is a highly atypical user with a massive public profile, 90 million followers, and deep ties to the crypto world, where bots run rampant.
- No doubt he encounters tons of bots all the time! Most of us don't, and have little reason to question the company's calculations.
Editor's note: This story has been corrected to show Musk replied to Agrawal's tweet, he did not quote-tweet it.