News Karnataka
Monday, December 11 2023

Musk gains 6 mn followers past month, Time says most fake

Musk up 6 mn followers in past week Time says most fake 484063
Photo Credit : IANS

San Francisco: Amid Twitter’s $44 billion deal saga, tech billionaire Elon Musk has gained approximately 6 million followers on the platform.

The Tesla CEO likely had around 83 million followers before the Twitter deal. However, as of now, he has over 89 million followers on the microblogging site.

Meanwhile, a report by Time said that Musk’s follower count has been significantly boosted by fake accounts.

According to audience research tool SparkToro, Musk has nearly 7 per cent more fake followers than the median 41 per cent that accounts with similar-sized followings have.

By analysing more than 25 factors correlated with spam, bots and low-quality accounts, the auditing tool found that accounts that are on an unusually small number of lists, accounts that have no URL or a non-resolving URL in their profile, and accounts that have a suspiciously small number of followers were some of the most frequently observed traits of a sample of 2,000 random accounts from the most recent 100,000 accounts that followed The Tesla CEO.

Recently, Twitter announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by The Tesla CEO for $54.20 per share in cash in a transaction valued at nearly $44 billion.

Upon completion of the transaction, Twitter will become a privately-held company.

The purchase price represents a 38 per cent premium to Twitter’s closing stock price on April 1, which was the last trading day before The Tesla CEO disclosed his nearly nine per cent stake in the platform.

Read more:

Jack Dorsey to earn nearly $1 bn on Musk’s Twitter deal

Elon Musk buying Twitter for $44 bn creates universal buzz

Tesla CEO Musk catches the Twitter bird (for $44 billion)

Musk replies to B’luru man’s tweet, ‘Musk not Tesla founder’

After Musk, Jack Dorsey slams Twitter’s board amid takeover push

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