High drama is the one that has been lived between Twitter and Elon Musk after the fiasco of the attempted purchase by someone who is supposedly the richest person in the world.
The reality is that in recent months we have seen Musk hit several financial, business, emotional and all kinds of stumbles.
For months he was the subject of multiple backlashes and controversies after aggressively acquiring a substantial amount of Twitter stock, then closing a deal to buy the platform, then backing out and wanting to call it all off.
There is speculation that Musk was actually gambling with the value of his shares of the platform to sell them at a better value and never had any real intention of buying the platform.
At the same time that the Twitter legal team tries to enforce all the security clauses that would force Musk to keep his word.
But something is not right and tensions between the two entities have grown significantly.
It looks like Elon Musk is now suing Twitter
In the latest of the unexpected twists, the newspaper independent reports that Elon Musk would have initiated a counterclaim process against Twitter.
All after Musk initially tried to postpone the trial until 2023, then, when a judge denied the postponement, the tycoon then reconsidered making the trial this October 17, 2022, a week after the one suggested by the Twitter legal team.
At the time, a few days ago, Twitter’s legal team accepted the date raised by Musk, but not before expressing concern at a legal hearing that it was all actually a trick by Elon to buy more time and delay as much as possible. the process.
Now in the latest report on the case, it is said that the man behind SpaceX and Tesla Motors would have filed a countersuit against Twitter, which seems to strengthen the theory that Musk is looking to get out of the mess.
The counterclaim document would have an extension of 164 pages, but the content of everything would be kept secret because the information addressed would be confidential matter due to the nature of the process.
This means that in the file there would be trade secret information, financial information or personal details of both Musk and Twitter and the whole matter of the purchase.
There is a $44 billion buyout at stake. One party wants to force the transaction and another seems to no longer want to do it.
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Elon Musk countersues Twitter for wanting to force him to buy the social network