Elon Musk Vows to 'Defeat Spam Bots' If His Twitter Takeover Bid Succeeds

Tesla and SpaceX founder Elon Musk acquired a 9.2 per cent stake in Twitter on 4 April, after which the shares of the social networking site jumped 28 percent. He later said that he was ready to buy out the entire company.
Sputnik
Tesla and SpaceX founder Elon Musk in a series of tweets on Friday vowed to “defeat spam bots” and “authenticate all humans” if his takeover bid for Twitter succeeds.
Elon Musk Announces to Defeat Spam Bots after Acquisition
Tesla Founder Elon Musk Vows to Authenticate Real Human after Twitter Acquisition
It was not the first time the US billionaire has expressed his displeasure with bots. At a recent Ted Talk, he voiced his concerns over crypto bots making scam posts on the microblogging site to swindle investors.
He said: “If I had a Dogecoin for every crypto scam I saw on Twitter then I would have 100 billion Dogecoin. A top priority I would have is eliminating the spam and scam bots and the bot armies that are on Twitter."
According to a US Securities and Exchange Commission (SEC) filing, Musk has managed to secure $ 46.5 billion to leverage his Twitter acquisition.
Last week, Musk offered other investors in the microblogging site $54.20 per share for their stakes, totalling about $43 billion, and take the company private.
In the latest documents filed with the US SEC, Musk has floated a tender offer to buy all of Twitter’s common stock.
Musk already owns over 9 per cent of Twitter shares. He was offered a seat on the board — which would have limited his shareholding to 14.9 per cent under company rules — but declined.
Discuss