Longtime Elon Musk backer says Twitter deal will close at lower price

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Longtime Elon Musk backer says Twitter deal will close at lower price

A longtime investor in Elon Musk’s companies predicts the mogul’s Twitter takeover bid will close — but not until the Tesla titan negotiates a lower price. 

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Tim Draper, an early investor in Tesla and SpaceX who co-founded a venture capital firm that’s sinking $100 million into Musk’s Twitter bid, was asked Monday whether he thought Musk would successfully close the deal. 

“I think so,” Draper responded. “But I think he’s going to get a better deal because he found out that, whatever, two-thirds [of users] are bots or something.” 

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