Twitter spent $33 million on the deal with Elon Musk

Twitter company logo

The Twitter giant has spent $33 million on billionaire Elon Musk's proposed deal to buy the company.

The company has also said that the number of daily users during a month has reached 237 million.

However, Twitter reported a net loss of $270 million – more than expected.

Musk has changed his mind about buying the company, and a hearing is already set for October because Twitter wants to force the sale.

Musk risks paying $1 billion to change attitude for acquisitions.

He has said that he does not believe in the figures provided by Twitter for fictitious accounts, which is why he withdrew from the agreement.

In 2021, Twitter's revenue has reached more than 5 billion dollars, but in the last 12 months, the value of its shares has fallen by 45 percent. /CNA.al

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