Elon Musk Says Three Issues Need Resolving Before Twitter Deal Can Be Finalized

Elon Musk said on Tuesday that his $44 billion bid to buy Twitter Inc. was stalled by three unresolved matters:

earning shareholder approval, obtaining debt financing and getting answers to his questions about spam and fake accounts on the platform.

Since Mr. Musk offered to buy the social-media service in April, the bid has taken several unusual twists as he has publicly criticized the company..

belittled its top executives and in multiple instances threatened to walk away from the deal.

In an interview on Tuesday at Bloomberg’s Qatar Economic Forum, the billionaire said that there are “still a few unresolved matters” for the deal to be completed.

First, he said he was “still awaiting resolution” following his request in recent weeks that Twitter provide data so he could evaluate how many fake bot accounts were on the platform.

“That is a very significant matter,” he said. A spokeswoman for Twitter declined to comment on Tuesday morning.

The company earlier this month said Twitter would “continue to cooperatively share information with Mr. Musk to consummate the transaction in accordance with the terms of the merger agreement.”

Mr. Musk said he was also working out the details of debt financing and winning the approval of the shareholders, which he needs to secure the takeover.

“Those are the three things that need to be resolved before the transaction can complete,” Mr. Musk said.

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