Ye, previously referred to as Kanye West, won’t be shopping for his personal social media firm. Parler, the conservative platform, says the rapper’s deal to purchase the corporate has fallen by way of. 

“This choice was made within the curiosity of each events in mid-November,” the corporate stated in an emailed assertion Thursday. 

No specifics got on why the deal was terminated. Axios reported Thursday that Ye’s monetary scenario contributed to the failure of the acquisition. 

Ye misplaced greater than $1 billion after a number of manufacturers together with Adidas, Hole and Balenciaga terminated partnerships with the rapper and clothier in October following antisemitic social media posts. He was locked out of his Twitter account over posting antisemitic tweets, however Ye made his return on Nov. 20 following Elon Musk’s takeover of the platform.

Ye did not reply to a request for remark. 

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