Elon Musk is not a happy camper right now

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Elon Musk is not a happy camper right now

The Tesla CEO threatened to terminate his deal to buy Twitter Inc. in a new letter that was sent out this Monday, accusing the company of not complying with one of his requests.

As we previously reported, in April, Twitter accepted Mr. Musk’s $44 billion bid to take over the company and go private.

While it looked like a closed deal, Mr. Musk wanted a review of the number of spam and fake accounts on the social media platform. However, he explained that has been the big holdup.

He claims Twitter has refused to provide the data necessary for him to facilitate his own evaluation of the number of spam and fake accounts and threatened to terminate the deal. The letter says that the company sent over information to Musk in a June 1 correspondence, but Musk responded that he wants to conduct his own analysis. “Based on Twitter’s behavior to date, and the company’s latest correspondence in particular, Mr. Musk believes the company is actively resisting and thwarting his information rights (and the company’s corresponding obligations) under the merger agreement,” the Monday letter reads.

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