Elon Musk on Monday provided an update on whether he will still purchase Twitter, coming three days after he questioned the number of bot accounts on the social media platform.
While speaking at the “All In” summit, Musk said that a deal for Twitter is “not out of the question” but he suggested it be at a lower price.
It came as Twitter CEO Parag Agrawal issued a lengthy response to Musk’s allegations about bots, according to a series of Twitter posts.
Twitter, he added, suspends more than 500,000 spam accounts each day and locks out millions of accounts that are suspected of being spam on a weekly basis if they cannot be verified via means such as a phone number.
“Unfortunately, we don’t believe that this specific estimation can be performed externally, given the critical need to use both public and private information (which we can’t share),” Agrawal continued Monday. “Externally, it’s not even possible to know which accounts are counted as [monetizable daily active users] on any given day,” he also wrote.
Agrawal, however, acknowledged Twitter isn’t perfect at dealing with spam.
“This is why, after all the spam removal I talked about above,” he wrote, “we know some still slips through. We measure this internally.”
“So how do advertisers know what they’re getting for their money?” he wrote to Agrawal. “This is fundamental to the financial health of Twitter.”
On May 13, Musk threw the reported $44 billion deal into question after he posted that it’s “temporarily on hold” due to reports about automated bot accounts. But later, he wrote he’s “still committed” to acquiring the company and taking it private.