Elon Musk tweeted that his $44 billion takeover of Twitter Inc. is “temporarily on hold” as he awaits data on its proportion of fake accounts, sending the social media giant into a tailspin. Twitter slumped 20% in pre-market trading after Musk tweeted the deal was suspended pending details on the company’s assertions that fake accounts contributed less than 5% of its users. Twitter said in a previous filing “that the average of false or spam accounts during the first quarter of 2022 represented fewer than 5% of our monthly daily active users during the quarter.” Musk said in a statement announcing his deal to buy Twitter last month that he wants to defeat spam bots, authenticate all humans and make its algorithms open source.