Elon Musk looked poised to acquire Twitter

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Billionaire Tesla and SpaceX CEO Elon Musk looked poised to acquire Twitter after agreeing to buy the social media giant for $44 billion in April. Musk indicated he intended to scratch policies on the platform he deemed anti-free speech. 

But the fate of the deal became uncertain as Musk began to raise concerns about the number of bots on the platform. On Friday, Musk moved to terminate the deal in a filing to the Securities and Exchange Commission, claiming Twitter failed to provide sufficient information about spam accounts, USA Newspaper reported.

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