Elon Musk finally bought Twitter for $44 billion after a rather controversial bid. While the deal was said to be a "unanimous" decision by part of the Twitter board, it turns out the deal may still face some hurdles. That's because Musk has now shared that the Twitter deal is on hold for now.

Elon Musk has revealed this information via a recent tweet. He mentions that he is looking forward to more information about spam and fake accounts that make up less than 5% of the company's total user base. This is the reason for the temporary hiatus. Twitter deal temporarily pending details supporting estimates that spam/fake accounts truly represent less than 5% of usershttps://t.co/Y2t0QMuuyn — Elon Musk (@elonmusk) May 13, 2022

Twitter deal temporarily pending details supporting estimates that spam/fake accounts truly represent less than 5% of usershttps://t.co/Y2t0QMuuyn — Elon Musk (@elonmusk) May 13, 2022

But aside from giving us the status of the Twitter deal, Musk hasn't talked about why the deal has been put on hold. We may learn more details about this, probably through some upcoming tweets. There could also be a possibility that this deal could be canceled but nothing is certain at the moment.