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Elon Musk says doubt about spam accounts could doom Twitter deal

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Tesla CEO Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5% of the accounts on the social media platform are fake or spam. 

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Musk made the comment in a reply to another user on Twitter early Tuesday.  

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He spent much of the previous day in a back-and-forth with Twitter CEO Parag Agrawal, who posted a series of tweets explaining his company's effort to fight bots 

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and how it has consistently estimated that less than 5% of Twitter accounts are fake. 

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In his tweet Tuesday, Musk said that "20% fake/spam accounts, while 4 times what Twitter claims, could be much higher. My offer was based on Twitter's SEC filings being accurate."

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He added: "Yesterday, Twitter's CEO publicly refused to show proof of 5%. This deal cannot move forward until he does."

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