all right so while you were sleeping
elon musk was announcing his deal to buy
twitter is not happening unless he gets
answers about the spam accounts the
world's richest man tweeting at 3 30 a.m
eastern time 20
fake slash spam accounts
while four times what twitter claims it
could even be much higher my offer was
based on twitter's sec filings being
accurate yesterday twitter's ceo
publicly refused to show proof that less
than five percent were i'm giving you a
little background here we're less than
five percent spam this deal cannot move
forward until he proves that here to
react the host of varney and company on
fox business stewart barney okay um
let's do a little housekeeping since
that tweet
twitter has put out a proxy statement to
the sec and to you that means what
that's a filing that they have to make
okay they're saying we're gonna try this
at 54.20
per share it's
they got to do it according to sec rules
as that came out this morning i don't
think that's very important to what's
going on between musk and twitter so
what is going on musk is saying i'm not
paying 54.20
per share because your numbers don't add
up you've got far more bot and fake
accounts inside twitter than i'm being
told about so he's saying look you show
me the real numbers until you show me
the real numbers the deal is on hold
that's where we are at the moment now
this has had quite an impact already on
the twitter share price
it's now down to 36 per share the
original offer from musk was 54 20. so
you're all the way down to 36 right now
so there's a lot of stuff going on in
the background as musk tries to find out
what is the true nature of twitter and
its accounts and what's the ceo of
twitter going to say in response to musk
so i want the numbers i'm asking you to
do something impossible which is get
into the mind of elon musk but uniquely
he's doing his due diligence in public
for all of us on this business do you
think as many of us are worried is he
looking for an exit ramp out of this
deal or is he looking for a price
reduction he's clearly looking for
honesty but to what end i think it's the
latter i think he wants a price
reduction he's saying it's not worth 54.
it's just not worth it so get the price
down show me the real metrics and we'll
talk by the way the new york post
reports this morning that spacex which
is a musk operation is selling shares to
raise money for the musk offer for
twitter so there's that going on in the
background as well it's a very confusing
situation but that lends to the
seriousness of the offer i would think
hey stewart got to get you in on this
national gas prices hit a new record yet
again today four dollars and 52 cents a
gallon i think what every american wakes
up wondering stuart is how high does it
go
uh it goes up from here but how high we
don't know i would make the following
comment this administration is clueless
about inflation and what to do about it
they're flashing around all over the
place they're blaming billionaires
they're blaming the meat packers they're
blaming
everybody under the sun for this awful
inflation situation which we've got now
you know when you go to buy gas or you
go to the grocery store these days you
really do get a shock it's what
everybody is talking about this is
happening right now it's out of control
and the administration cannot deal with
it it's a mess stewart you've got a new
episode of american built on fox nation
tell us what we can expect in this
newest episode tonight eight o'clock fox
business prime we got one on the um the
lunar module
oh luna module is the only vehicle ever
to ride on another planet and america
built it it's a great story yeah we're
also doing one on the um the chesapeake
bay bridge and tunnel 17 miles of it
that the bottom line with american built
is it looks back to when america was a
can-do country and look how we
you guys
my ancestors your ancestors look how
they opened up an entire continent and
did it look at that
17 miles extraordinary thing opened up
an entire continent ingenuity and
willpower and that's what you see on
american build fox business prime 8
o'clock thank you very much always good
to see you you're a good man hi everyone
i'm brian kilmeade i want you to do me a
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