Tesla CEO Elon Musk said on Friday he was terminating his $44 billion deal for Twitter, citing a material breach of multiple provisions of the agreement.
The announcement likely brings to an end a will-he-won't-he saga after the world's richest person clinched a deal for Twitter in April but then put the buyout on hold until the social media company proved that spam bots accounted for less than 5 percent of its total users.