A series of text messages between Elon Musk and several different people have been released as part of the discovery phase of the lawsuits.
Twitter is suing Musk to enforce the deal, while Musk is countersuing the company and says they lied about the number of bot accounts on the platform.
Text messages reveal that Musk conferred with former Twitter CEO Jack Dorsey about the bot accounts.
“This is hard to do as a public company, as purging fake users will make the numbers look terrible, so restructuring should be done as a private company,” Musk told a Twitter board member in April.
“This is Jack’s opinion too,” Musk added.
In March, Musk wrote that cryptocurrency spam on the platform “really needs to get crushed. It’s a major blight to the user experience and they scam so many innocent people.”
Musk later asked current Twitter CEO Parag Agarwal to help him understand the platform’s technology.
“I would like to understand the technical details of the Twitter codebase,” Musk asked. “This will help me calibrate the dumbness of my suggestions.”
Musk later said the request was fruitless, adding that “drastic action is needed” to fix the bot account problem.
Musk repeated his frustrations to Michael Grimes at Morgan Stanley: “An extremely fundamental due diligence item is understanding exactly how Twitter confirms that 95% of their daily active users are both real people and not double counted,” he said.
“They couldn’t answer that on Friday which is insane,” he added. “If that number is 50% or lower, which is what I would guess based on my feed, then they have been fundamentally misrepresenting the value of Twitter to advertisers and investors. To be super clear, this deal moves forward if it passes due diligence, but obviously not if there are massive gaping issues. True user account is a showstopper if actually much lower than the 95% claimed.”
The texts also seem to corroborate Musk’s allegation that the company lied to the Securities and Exchange Commission about its financials.
In June, Musk wrote to someone whose name is redacted that, “[Twitter’s] revenue projections seem disconnected from reality.”
Conservatives are under attack. Contact Twitter at 415-222-9670 and demand that Big Tech be held to account to mirror the First Amendment and provide clarity on “hate speech” and an equal footing for conservatives. If you have been censored, contact us at the Media Research Center contact form, and help us hold Big Tech accountable.
A series of text messages between Elon Musk and several different people have been released as part of the discovery phase of the lawsuits.
Twitter is suing Musk to enforce the deal, while Musk is countersuing the company and says they lied about the number of bot accounts on the platform.
Text messages reveal that Musk conferred with former Twitter CEO Jack Dorsey about the bot accounts.
“This is hard to do as a public company, as purging fake users will make the numbers look terrible, so restructuring should be done as a private company,” Musk told a Twitter board member in April.
“This is Jack’s opinion too,” Musk added.
In March, Musk wrote that cryptocurrency spam on the platform “really needs to get crushed. It’s a major blight to the user experience and they scam so many innocent people.”
Musk later asked current Twitter CEO Parag Agarwal to help him understand the platform’s technology.
“I would like to understand the technical details of the Twitter codebase,” Musk asked. “This will help me calibrate the dumbness of my suggestions.”
Musk later said the request was fruitless, adding that “drastic action is needed” to fix the bot account problem.
Musk repeated his frustrations to Michael Grimes at Morgan Stanley: “An extremely fundamental due diligence item is understanding exactly how Twitter confirms that 95% of their daily active users are both real people and not double counted,” he said.
“They couldn’t answer that on Friday which is insane,” he added. “If that number is 50% or lower, which is what I would guess based on my feed, then they have been fundamentally misrepresenting the value of Twitter to advertisers and investors. To be super clear, this deal moves forward if it passes due diligence, but obviously not if there are massive gaping issues. True user account is a showstopper if actually much lower than the 95% claimed.”
The texts also seem to corroborate Musk’s allegation that the company lied to the Securities and Exchange Commission about its financials.
In June, Musk wrote to someone whose name is redacted that, “[Twitter’s] revenue projections seem disconnected from reality.”
Conservatives are under attack. Contact Twitter at 415-222-9670 and demand that Big Tech be held to account to mirror the First Amendment and provide clarity on “hate speech” and an equal footing for conservatives. If you have been censored, contact us at the Media Research Center contact form, and help us hold Big Tech accountable.
