Elon Musk threatens to abandon Twitter takeover 

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NEW YORK, US: - Elon Musk has threatened to cancel his $44 billion (£35 billion) bid for Twitter

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if the social media platform refuses to hand him information on how many false accounts it has.

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The Tesla billionaire claimed that the corporation is "actively fighting and

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As markets opened in New York

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Twitter shares plummeted as much as 5% as the news cast additional doubt on Mr Musk's commitment to closing the purchase.

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Investors appeared increasingly optimistic in the takeover's

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completion in recent weeks, but shares slid to $37.85

significantly below Mr Musk's $54.20 bid price.

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