Elon Musk Set to Speak at Twitter Company Town Hall This Week

Tesla and SpaceX CEO, Elon Musk, is set to speak to Twitter employees at a company town hall this week. This is the first time that Musk agreed to talk to Twitter employees since he reached a deal to acquire the microblogging site for $44 billion in April.

The news of Musk agreement to talk at a company-wide Twitter meeting was confirmed to CNET through a Twitter spokesperson.

Accordingly, the meeting will take place on Thursday morning. The Tesla CEO will be answering questions from employees who have been reportedly worried by the upcoming acquisition. This is according to the Business Insider, citing an email from Twitter CEO Parag Agrawal.

Elon Musk Set to Speak at Twitter Company Town Hall This Week
(Photo : ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

Musk Will Address Questions of Twitter's Employees

According to the Insider report, the meeting was announced by Twitter's CEO Parag Agrawal on Monday. It will be moderated by Twitter's chief marketing officer Leslie Berland. 

Previously, Twitter's employees already voiced their concern about Musk's bid to acquire the social media platform. According to CNET, Agrawal stated in an email, that the meeting would cover "topics and questions that have been raised over the past few weeks."

Back in April, during a company-wide meeting, Agrawal was forced to deal with angry employees. The employees were "demanding answers as to how the anticipated mass exodus prompted by Musk's purchase would be handled," according to Yahoo Finance.

There are already a number of concerns raised by Twitter employees, mainly regarding Musk's purchase of the company. In the recent months, Musk has called out Twitter employees and the company's operations.

Read Also: Elon Musk Puts Twitter's $44 Billion Deal 'On Hold' Following Pending Details on Fake Accounts

Musk Previously Threatens to Back Out of Deal to Buy Twitter

Earlier this month, Musk threatened to end his bid to buy Twitter. Through his lawyer, he expressed the possibility that he might back out from the deal if the microblogging site will fail to provide data showing the number of spam and fake accounts.

According to Twitter, spam and fake accounts comprise only 5% of the 229 million platforms users. Musk believes that the figures are actually higher.

If the number of spam and fake accounts are in fact higher, it could potentially have an impact on Twitter's revenue because advertisers could potentially walk away from the service and demand lower rates.

While Twitter did not immediately respond to Musk's demand for data on fake and spam accounts, when he threatened to walk away, Twitter offer access to its "firehose."  

According to the Digital Trends, the firehose data "comprises all of the hundreds of millions of tweets that land on the service daily." It also include details on the users' devices and information on the associated accounts.

Some critics believe that Musk have gotten cold feet and he is just using the fake accounts issue to walk aways from the deal. But the Tesla CEO insisted that he still wants to proceed with the bid once Twitter provide him the accurate number on the number of fake or spam accounts.

It is not known yet whether Twitter's reported offer to deliver its firehose data will be acceptable for Musk and his team. 

Related Article: Elon Musk Got Into a Twitter Fight - What Does His Now Deleted Tweet Say?

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