Trump Responds After Elon Musk Moves to Pull Out of Twitter Deal

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Former President Donald Trump reacted to tech billionaire Elon Muskโ€™s filing that seeks to pull out of the $44 billion deal to purchase Twitter, saying he knew it would happen.

Trump, who himself owns the Truth Social platform, told Breitbart News that โ€œI knew that Twitter had a lot of the fake accounts because I read, like everyone else does.โ€

โ€œI thought that the price was exorbitant,โ€ Trump added of the sum to purchase the company, โ€œthe price he was paying for it was exorbitant.โ€

Last week, Musk issued a formal filing with the U.S. Securities and Exchange Commission that moved to void his deal with Twitterโ€™s board, claiming there are too many bots and automated accounts on the platform. But Twitter fired back and said it would try to enforce the deal and may possibly sue Musk.

The deal was sparked after Musk purchased a significant amount of Twitterโ€™s shares and triggered speculation that Musk would enforce changes to the companyโ€™s content moderation policies. Musk has often criticized the firm for having a left-wing bias and targeting conservative accountsโ€”and most recently when he targeted the firm for suspending psychologist Jordan Peterson.

โ€œI called it early and said, โ€˜That deal is never going to happen,โ€™โ€ Trump said in the Breitbart interview. โ€œWeโ€™re going to have to see what happens because theyโ€™re going to be saying, โ€˜You owe us $44 billionโ€™ because I hear they have a very tight contract. Itโ€™s supposed to be โ€˜iron-clad,โ€™ but I donโ€™t know how you define โ€˜iron-clad.โ€™ But itโ€™s an โ€˜iron-cladโ€™ contract, and he put up a billion-dollar deposit, so I see that ending up in a lot of litigation.โ€

After the development, the former commander-in-chief suggested it bodes well for his own social platform.

โ€œPersonally, I have something called Truth that youโ€™re on,โ€ he said. โ€œItโ€™s very successful. We have better interactions. Itโ€™s doing phenomenal, and itโ€™ll be over five million people very soon, and weโ€™ll be at ten million people in the not-too-distant future.โ€

Byย Jack Phillips

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