Musk purchase of Twitter temporarily on hold over fake accounts

Let's just hope this is a hiccup and nothing more. 

From NPR:

Elon Musk said he's putting his $44 billion takeover of Twitter "temporarily on hold," saying that he wants more details about how many of the social platform's accounts are bogus or spam. 

The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated. 

Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn

— Elon Musk (@elonmusk) May 13, 2022

Musk tweeted about putting the massive deal on hold early Friday, sharing a recent Reuters news story about the takeover. He later added a reply stating, "Still committed to acquisition." 

The Reuters article cited a federal filing Twitter made shortly after the company reached a sales deal with Musk, stating that of the 229 million Twitter users who saw advertising in the first quarter of 2022, less than 5% were fake accounts.