Elon Musk’s $44-billion Twitter deal temporarily on hold
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Elon Musk said on Friday his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Elon Musk said in a tweet. Shares of the social media company fell 20% in premarket trading.