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Over 80% of Twitter accounts are likely bots: Former FBI security specialist

Credit: Commons Wikimedia

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Amidst the ongoing legal jabs from both Twitter and Elon Musk’s legal teams, it becomes pretty easy to lose the narrative. But while media coverage would likely give the impression that Musk is simply trying to weasel out of a $44 billion deal, the two parties’ conflict is actually based on a key issue: Twitter bots.

Twitter has maintained that less than 5% of its users are spam or fake accounts, even in its filings to the US Securities and Exchange Commission (SEC). Musk has scoffed at this estimate as the Tesla CEO believes that the number of bots on the social media platform is far higher. An estimate from Dan Woods, the Global Head of Intelligence at F5 and a former FBI special agent specializing in cybersecurity, suggests that Musk’s hunch is spot-on.

In a post on F5’s official website, Woods, who also worked for the CIA as a technical operations officer specializing in cyber operations, estimated that over 80% of Twitter’s accounts are actually bots. Woods was able to come to this conclusion after analyzing the social media platform and its countermeasures against automated accounts.

“When I consider the volume and velocity of automation we’re seeing today, the sophistication of bots that a given set of incentives is likely to attract, and the relative lack of countermeasures I saw in my own research, I can only come to one conclusion: In all likelihood, more than 80% of Twitter accounts are actually bots. This, of course, is my opinion,” Woods wrote.

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The former FBI agent noted that bots are generally designed to accomplish a goal. In Twitter’s case, a key goal is to gain followers. More followers mean that an account becomes more influential, which could potentially be a security risk. What’s interesting is that there’s a means to get bots for Twitter, with countless entities offering Twitter accounts, followers, likes, and retweets for a fee. Some are even offered in the dark or deep web.

For research purposes, Woods tried these services on a Twitter account he created. And sure enough, they do work. The former FBI agent paid less than $1,000, but the account has now gained almost 100,000 followers. Woods even tried posting straight gibberish and paying a fee to have his followers retweet it — and they did. With this experience in mind, Woods took his tests further, and the results were pretty damning for Twitter’s anti-bot measures.

“I began to wonder how easy it would be to create a Twitter account using automation. I am not a programmer, but I researched automation frameworks on YouTube and Stack Overflow. Turns out, it’s easy.

“Taking my testing to the next level, over a weekend, I wrote a script that automatically creates Twitter accounts. My rather unsophisticated script was not blocked by any countermeasures. I didn’t try to change my IP address or user agent or do anything to conceal my activities. If it’s that easy for a person with limited skills, imagine how easy it is for an organization of highly skilled, motivated individuals,” Woods wrote.

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It should be noted that Woods highlighted that bots are not a Twitter-only issue. Pretty much all social media platforms suffer from them. Objectively, however, it seems like Tesla CEO Elon Musk was right on target when he called out Twitter’s bot estimate. The social media platform may also have some explaining to do, especially as its own filings may very well be proven inaccurate.

Musk has commented on Woods’ findings on Twitter, joking that the price for 100,000 followers is actually not that bad.

The former FBI special agent’s full post can be accessed here.

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

SpaceX considering confidential IPO filing this March: report

The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.

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Credit: SpaceX/X

SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.

The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter. 

As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.

SpaceX did not immediately respond to requests for comment.

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A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.

Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.

Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.

At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.

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The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.

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Elon Musk

Elon Musk hints Tesla investors will be rewarded heavily

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.

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Credit: Grok

Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.

Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.

Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.

Musk said in the interview:

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”

It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.

However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.

  • Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
  • Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
  • Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
  • Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release

These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.

Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.

She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.

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Cybertruck

Tesla drops latest hint that new Cybertruck trim is selling like hotcakes

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

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(Credit: Tesla)

Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.

The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.

Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.

That points more toward demand and not necessarily to slower production plans, but it is not confirmed.

Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says

Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.

It features:

  • Dual Motor AWD w/ est. 325 mi of range
  • Powered tonneau cover
  • Bed outlets (2x 120V + 1x 240V) & Powershare capability
  • Coil springs w/ adaptive damping
  • Heated first-row seats w/ textile material that is easy to clean
  • Steer-by-wire & Four Wheel Steering
  • 6’ x 4’ composite bed
  • Towing capacity of up to 7,500 lbs
  • Powered frunk

Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.

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