Musk's €43bn bid for Twitter in 'serious jeopardy'            

Tesla chief's team has shut down discussions about funding the deal amid concerns over Twitter's figures on spam accounts

'The Washington Post' is reporting that Elon Musk's team has backed off from further discussions about his bid to take over Twitter. Picture: Patrick Pleul/AP

The planned takeover of Twitter by Elon Musk is in “serious jeopardy”, according to a report. 

Mr Musk’s team has stopped certain discussions around funding for the $44bn (€43bn) deal, according to a report in The Washington Post, citing three people familiar with the matter. The report said Elon Musk had concluded that Twitter’s figures on spam accounts — a bone of contention in the deal — were not verifiable.