Science

Elon Musk raises the question of buying Twitter

The American billionaire believed that an agreement could be reached if Twitter confirmed that 100 social network accounts are “real”.

In early July, Elon Musk buried his plan to buy Twitter. A month later, the president of Tesla and Space X dug it up. To a user who provided an update on the situation, the American billionaire replied that “If Twitter simply provides its method of sampling 100 accounts and confirms that they are real, the agreement (to take over Twitter) should be made again in accordance with the original terms (44 billion However, if it turns out that their statements to the SEC (American financial market police) are essentially false, this will not happen.Responding to another netizen who wondered if the SEC is investigating these “questionable statements”, Elon Musk tweeted : “Good question. Why don’t they do that?”

This position came two days after Elon Musk accused Twitter of “fraud” with the number of monetized accounts of the social network. The Tesla and SpaceX boss’s claims are “factually inaccurate, legally insufficient, and commercially irrelevant.” We can’t wait for the trial,” Bret Taylor, chairman of the platform’s board of directors, retorted last Thursday.

In mid-July, Twitter sued Elon Musk in the Delaware Court of Chancery, a court that specializes in commercial law, to force him to honor its $44 billion acquisition obligation. The trial is due to begin on October 17th.

SEE ALSO – Twitter sues Elon Musk to force him to buy out

.

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker.