Charlie Gasparino: ‘Huge Story’ Twitter Is Lying About Bots, If True It Means Securities Fraud

KURTZ Elon Musk who ░░░░░░░░ a fierce media debate ░░░░░░░░ his bid to take ░░░░░░░░ Twitter now says he ░░░░░░░░ backing out of the ░░░░░░░░ billion deal and we ░░░░░░░░ looking at a major ░░░░░░░░ battle Joining us now ░░░░░░░░ Connecticut Charlie Gasparino senior ░░░░░░░░ at Fox Business Network ░░░░░░░░ before we get into ░░░░░░░░ legalities here Charlie I ░░░░░░░░ Elon Musk started a ░░░░░░░░ Civil War with this ░░░░░░░░ Conservatives were embracing his ░░░░░░░░ speech crusade and most ░░░░░░░░ the media was attacking ░░░░░░░░ saying he would increase ░░░░░░░░ and hate speech and ░░░░░░░░ digging up personal stuff ░░░░░░░░ him and Musk said ░░░░░░░░ were political hit jobs ░░░░░░░░ that whole thing now ░░░░░░░░ of a waste of ░░░░░░░░ GASPARINO I don t ░░░░░░░░ it was and I ░░░░░░░░ tell you why I ░░░░░░░░ t think it was ░░░░░░░░ conservatives who were championing ░░░░░░░░ as and his attacks ░░░░░░░░ Twitter remember he was ░░░░░░░░ saying Twitter is not ░░░░░░░░ enough basically it cancels ░░░░░░░░ who have divergent points ░░░░░░░░ view who are not ░░░░░░░░ conservatives you know anybody ░░░░░░░░ has a diverging point ░░░░░░░░ view Alex Berenson is ░░░░░░░░ vaccine skeptic he gets ░░░░░░░░ off right He actually ░░░░░░░░ put back on recently ░░░░░░░░ had to take them ░░░░░░░░ court But the point ░░░░░░░░ I think he sparked ░░░░░░░░ debate about social media ░░░░░░░░ where you really have ░░░░░░░░ people and I tell ░░░░░░░░ liberals I m not ░░░░░░░░ about the progressives liberals ░░░░░░░░ moderates saying you know ░░░░░░░░ need more free speech ░░░░░░░░ less We need more ░░░░░░░░ And you know listen ░░░░░░░░ there s a real ░░░░░░░░ with Twitter it s ░░░░░░░░ that Jordan Peterson as ░░░░░░░░ previous guests were talking ░░░░░░░░ is mouthing off about ░░░░░░░░ It s that people ░░░░░░░░ these social media platforms ░░░░░░░░ start acting out their ░░░░░░░░ fantasy That s where ░░░░░░░░ should be putting their ░░░░░░░░ on And I think ░░░░░░░░ helped bring that up ░░░░░░░░ All right let me ░░░░░░░░ in now So Elon ░░░░░░░░ is claiming a material ░░░░░░░░ saying he s not ░░░░░░░░ real information on these ░░░░░░░░ accounts which Twitter insists ░░░░░░░░ under 5 of the ░░░░░░░░ Twitter says it s ░░░░░░░░ to sue him to ░░░░░░░░ this agreement Is Elon ░░░░░░░░ a little erratic here ░░░░░░░░ could walking away just ░░░░░░░░ another negotiating tactic GASPARINO ░░░░░░░░ know who knows KURTZ ░░░░░░░░ Honest answer GASPARINO Nobody ░░░░░░░░ guy is you know ░░░░░░░░ doesn t read balance ░░░░░░░░ I know this from ░░░░░░░░ who work with him ░░░░░░░░ s all gut it ░░░░░░░░ instinct He wanted to ░░░░░░░░ it then he doesn ░░░░░░░░ want to buy it ░░░░░░░░ or may still want ░░░░░░░░ buy it but at ░░░░░░░░ cheaper price We don ░░░░░░░░ know Here s what ░░░░░░░░ will say Howie This ░░░░░░░░ a huge huge story ░░░░░░░░ if Elon Musk is ░░░░░░░░ if Twitter since its ░░░░░░░░ in 2013 has been ░░░░░░░░ about its bots you ░░░░░░░░ those fake accounts that ░░░░░░░░ s not 5 or ░░░░░░░░ if they ve been ░░░░░░░░ out public statements of ░░░░░░░░ nature that are lies ░░░░░░░░ that s called securities ░░░░░░░░ That means Jack Dorsey ░░░░░░░░ all the other guys ░░░░░░░░ are running have run ░░░░░░░░ can go to jail ░░░░░░░░ If that can be ░░░░░░░░ to be the true ░░░░░░░░ If that can be ░░░░░░░░ If it s wrong ░░░░░░░░ if Elon is wrong ░░░░░░░░ federal judge if he ░░░░░░░░ just making this up ░░░░░░░░ you know remember he ░░░░░░░░ due diligence he said ░░░░░░░░ and final offer he ░░░░░░░░ t do anything pre ░░░░░░░░ to basically back up ░░░░░░░░ claim if he is ░░░░░░░░ if they re right ░░░░░░░░ the bots being 5 ░░░░░░░░ a federal judge could ░░░░░░░░ him buy this deal ░░░░░░░░ the agreed upon at ░░░░░░░░ price he put up ░░░░░░░░ 20 which was 44 ░░░░░░░░ and if he says ░░░░░░░░ to that if he ░░░░░░░░ the court order which ░░░░░░░░ has done in the ░░░░░░░░ he defied stuff he ░░░░░░░░ to jail Now it ░░░░░░░░ just go in the ░░░░░░░░ right KURTZ Before we ░░░░░░░░ these people behind bars ░░░░░░░░ ve got to ask ░░░░░░░░ this last question Laughter ░░░░░░░░ he wants to lower ░░░░░░░░ price because Twitter s ░░░░░░░░ went down about 30 ░░░░░░░░ it much more expensive ░░░░░░░░ him and maybe he ░░░░░░░░ they would agree to ░░░░░░░░ kind of deal And ░░░░░░░░ stock went down again ░░░░░░░░ he said he s ░░░░░░░░ out Won t the ░░░░░░░░ be able to go ░░░░░░░░ court and make the ░░░░░░░░ that Elon Musk has ░░░░░░░░ its finances GASPARINO Devastated ░░░░░░░░ finances or their finances ░░░░░░░░ No has devastated the ░░░░░░░░ s finances with this ░░░░░░░░ yeah GASPARINO Oh yes ░░░░░░░░ That s part of ░░░░░░░░ damages I mean they ░░░░░░░░ going to come out ░░░░░░░░ say Listen he disparaged ░░░░░░░░ he lied about our ░░░░░░░░ he did this that ░░░░░░░░ the other thing You ░░░░░░░░ here s what I ░░░░░░░░ is going to happen ░░░░░░░░ it s logical Remember ░░░░░░░░ Musk is not logical ░░░░░░░░ settle somewhere in the ░░░░░░░░ Usually when people start ░░░░░░░░ these material adverse clauses ░░░░░░░░ MAC clause to try ░░░░░░░░ get out of the ░░░░░░░░ you know you come ░░░░░░░░ the table you get ░░░░░░░░ lesser price But this ░░░░░░░░ Elon Musk all bets ░░░░░░░░ off I mean who ░░░░░░░░ hell knows KURTZ Well ░░░░░░░░ may not be logical ░░░░░░░░ he has built some ░░░░░░░░ companies by the seat ░░░░░░░░ his pants Charlie you ░░░░░░░░ been following this story ░░░░░░░░ us, thanks very much.”