Cheraw Chronicle

Complete News World

Elon Musk himself is also going to court against Twitter

Elon Musk himself is also going to court against Twitter

Tesla CEO Elon Musk filed a complaint against Twitter after he was sued by the social media platform for deciding not to buy Twitter after all. to write the newspaper The Wall Street Journal.

The complaint was filed in Delaware County Court and is not yet available to the public. On Friday, a judge considering the legal battle between Twitter and Musk announced that the trial would begin on October 17.

Chaos after the mating dance between Musk and Twitter

Musk announced in April that he wanted to buy Twitter for $44 billion, but eventually called off that plan because the company lied about the number of fake and spam accounts on the social network. Then Twitter filed a complaint with the Delaware court. The company wants to force a billionaire takeover through the courts for $54.20 per share.

Although the deal includes a $1 billion cancellation fee, Twitter is asking Musk to honor his obligations under the agreement. According to the platform, Musk disrupted the company’s work and destroyed Shareholder value by blowing up the deal.

See also  Ferrari wants 60 percent of its cars to be hybrid or electric by 2026