Elon Musk: Tesla and SpaceX CEO Elon Musk did not take long to react to Twitter’s lawsuit against him. Please tell that Musk canceled the $ 44 billion deal to buy Twitter. After which the social media Twitter company has filed a lawsuit against him. Let us tell you that the lawsuit was filed confidentially on behalf of Musk.
Elon Musk filed the lawsuit on Musk’s behalf hours after Delaware Court of Chancery Chancellor Kathleen McCormick ordered a five-day trial beginning October 17. In which it is to be determined whether Musk can withdraw from the deal. Twitter has not yet commented on this.
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Musk had dropped his Twitter acquisition alleging that the microblogging platform violated the agreement by misrepresenting the number of fake accounts on its platform. Following this, Twitter took a jibe at the Tesla CEO claiming a fake account and that Musk was bound by the merger contract to close the deal at $54.20 per share.
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