Twitter Parag Agrawal is the CEO said Friday Although he expects Elon Musk's sale to proceed, he will continue to manage the company in any event. " Agarwal stated in a tweet that although I believe the deal will close, "we need to be ready for all situations and always do what is best for Twitter." We have the responsibility of building a stronger Twitter each day. Musk earlier tweeted on Friday, that the deal is on hold He will not reveal more information about how many spam bots and fake accounts are present on the platform until then. It plunged almost 10% which contributed to the recent decline in company value. Now, it's worth $13B less than Musk's. agreed upon bid Last month, $44 billion The billionaire Tesla CEO may be unable to walk away. He would have to pay a $1 million breakup fee, and could be subject to a breach-of-contract lawsuit which would result in him being sued for billions. according to an earlier CNBC report.