Earlier quoted context omitted.
Given the language twitter surrounded that number with, they probably could. They called out that it was uncertain, described how they estimated it in detail, and stated that reality could be higher or lower. Given all of that, they could have said the number was .01% or 90%, and neither would have been misrepresentation.
Exactly, so what's the point of Twitter's number or using it for valuation? Now knowing it's surrounded by loose language because the number is so loose, assume the worst prediction, which is 15-20% from 3rd parties.
Musk agreed that the number of bots not currently being caught was probably higher than 5%, which was a big part of his stated reasons for buying Twitter. Then the market took a turn, and now up is down, Musk is pretending this number matters.
It doesn't.