Elon Musk puts Twitter deal on hold over fake account details

It's more about questioning the truthfulness of Twitters SEC filing, as in attempting to get verification from Twitter's board on how they determine the amount of BOTS on their platform. Something he has stated very publicly that he is going to combat. Twitter is going to have to open its algorithm to him sooner or later, and Musk is forcing the issue now.

By placing the deal on hold, Twitter stock share price will plummet, devaluing the company, until the twitter board satisfies his inquiry, or he cancels his purchase, leaving the board open again to a class action lawsuit by the shareholders.