Elon Musk has joked that ‘owning the libs’ isn’t cheap after claiming to put his $44 billion acquisition of Twitter on hold.
‘Whoever thought owning the libs would be cheap never tried to acquire a social media company!’ Musk tweeted on Saturday. He added: ‘At least, that’s what the lib hivemind thinks haha.’
‘Owning libs’ is internet slang used by conservatives that refers to defeating or embarrassing liberals in arguments.
On Friday morning, Musk threw his Twitter takeover bid into chaos by tweeting that the deal was ‘temporarily on hold’ while he investigated the prevalence of fake and spam accounts on the social media site.
However, one person familiar with the negotiations told the Washington Post: ‘We haven’t seen one iota of evidence that the deal is on hold.’
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