Twitter CEO Parag Agrawal said he still expects Elon Musk’s $44 billion acquisition to close in 2022 despite the Tesla chief executive’s recent tweet that the deal is temporarily on hold.

“While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter,” Agrawal said in a Twitter thread Friday. “I’m accountable for leading and operating Twitter, and our job is to build a stronger Twitter every day.”

The deal, which would take the social media giant private at $54.20 per share, is on hold, pending details supporting calculations that spam and fake accounts represent less than 5% of Twitter’s users.

In the first quarter of 2022, Twitter’s monetizable daily active user base grew 15.9% year-over-year to 229 million, including 39.6 million daily active users in the U.S. and 189.4 million international daily active users.