The seemingly endless saga that is Musk’s ongoing spat with Twitter took another twist on Monday when the Tesla boss did a U-turn and decided he would.
In a nutshell: Elon Musk and Twitter won’t be going to trial against each other in ten days now that the world’s richest man has agreed to purchase the platform at its original price of $54.20 per share, or $44 billion. The caveat is that the transaction must complete by October 28; otherwise, the trial will take place in November.
The seemingly endless saga that is Musk’s ongoing spat with Twitter took another twist on Monday when the Tesla boss did a U-turn and decided he would buy the company at the original agreed price, almost three months after he backed out of the acquisition over allegations there are a lot more fake accounts on the site than Twitter claims.
It’s suspected that Musk changed his mind, again, as it was looking increasingly likely that the law would be on Twitter’s side in the upcoming legal battle.
