NEW YORK, May 17. /TASS/. US billionaire Elon Musk, who is in the process of acquiring Twitter, opts to down the price of the initially voiced sum of $44 billion, Bloomberg news agency reported on Tuesday.

According to the news agency, "Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter Inc., saying a viable deal at a lower price wouldn’t be ‘out of the question’."

Last Friday, Musk announced that the company's purchase deal had been suspended pending confirmation of data on the number of fake accounts on the social network.

"Twitter deal temporarily on hold pending details supporting calculation that spam and fake accounts do indeed represent less than 5% of users," Musk said on his Twitter page.

On April 25, Twitter executives announced that Musk would acquire the company for $44 billion. According to the US Securities and Exchange Commission, if the billionaire decides to terminate the agreement, he would have to pay a fine of $1 billion to the company. If Twitter initiated the breakup, Musk would receive compensation. The final closing date of the deal is set for October 24, 2022.