Elon Musk is changing his tune with regard to Twitter. The tycoon recently proposed to buy the site for $44 billion, yet presently specifies that the ongoing administrators should demonstrate that its userbase is authentic. Musk tweeted that he accepts 20% of Twitter records or more might have a place with bots and phony clients.

As per a report by The Wrap, Twitter's filings with the Securities Exchange Commission (SEC) shows that 5% or less of its userbase is involved in phony records and spambots. Twitter's CEO Parag Arawal has purportedly declined to openly distribute the information on that figure. On Tuesday morning, Musk answered a tweet that said that the genuine number of phony records is reasonable at around 20%. Musk expressed: "20% phony/spam accounts, while multiple times what Twitter claims, could be *much* higher." "My offer was based on Twitter's SEC filings being accurate. Yesterday, Twitter's CEO publicly refused to show proof of <5 percent. This deal cannot move forward until he does," Musk concluded.

This is essentially a reversal for Musk, who previously offered to buy Twitter and take it private for more than the cost of each individual share. While the company's board was willing to take this offer, some Twitter employees and many Twitter users seemed to resist the idea at first. Now it seems like Musk himself is backtracking on his offer as he looks more deeply into Twitter's inner workings.