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Twitter stock rose by 3% as the company claimed that they were still in talks with Elon Musk about his acquisition deal of the company to their employees reported by Bloomberg.
In recent tweets from Elon Musk, he claimed multiple times that his acquisition of Twitter was on hold and that the deal might not go through.
This comes after a statement from Twitter where they claim only less than 5% of its accounts are fake accounts operated by bots when Musk claims that 20% of the company has fake accounts operated by bots.
Tesla just recently lost about $400 billion in market value and Musk was planning to put $10 billion of his stake in the company to buying Twitter.
Twitter still believes Musk will acquire the company and is still discussing the deal and fixed purchase price with him.
