The disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked its progress to Twitter presenting proof that spam bots accounted for less than 5% of the total users.
Amid takeover fiasco, Elon Musk sued by Twitter investors for delayed stake disclosure - The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14.