Elon Musk Twitter: Musk wants lawsuit over rejected takeover Twitter postponed until 2023

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elon musk twitter – Lawyers for Elon Musk have asked a U.S. court to postpone Twitter’s lawsuit against the Tesla founder until 2023. Musk recently announced that despite a deal, he would refrain from taking over Twitter. The social medium wants to keep him at his word through a procedure to the court

Twitter wants to start the lawsuit in September, but that is far too fast, according to Musk’s lawyers. They say more time is needed to thoroughly investigate the number of spambots and fake accounts on the platform.

Musk had signed an agreement with Twitter for a takeover worth 44 billion dollars (43.6 billion euros). The billionaire was planning to take Twitter to the next level himself.

Elon Musk Twitter

According to him, Twitter had the potential to become “the global platform for freedom of expression”, but that promise was not fulfilled under the current administration.

Twitter did not want to be sold to Musk in the beginning, but eventually changed its mind. Now it is the billionaire who abandons the deal at the last minute. He says Twitter hasn’t been honest about the number of spambots and fake accounts operating on the social medium.

“Twitter violates multiple provisions of that agreement and appears to have made false and misleading statements, which Mr. Musk relied on when entering into the merger agreement,” Musk’s lawyers report.

‘Tactics to cover up information’

Musk’s lawyers call Twitter’s quick lawsuit “a new tactic to cover up the truth about spam accounts.” Musk also accuses Twitter of a lack of humor. “Twitter has the sense of humor of a robot,” his lawyers note in the indictment. “The platform claims that Musk is harming the company with tweets like a poopy emoji to the director.”

Twitter says it has provided all available information to Musk. The company accuses him of violating the terms of the purchase agreement.

elon musk net worth

What Is Elon Musk’s Net Worth? According to Bloomberg, Musk’s net worth is $276 billion as of 2022. Despite his fortune, Musk pays virtually no income taxes, according to a ProPublica analysis

Will Elon Musk be the world’s richest man in 2022?

This can be said because Tesla is expected to have a market value of $500 billion by 2022. The article also notes that Musk has a net worth of $60 billion and an estimated 6 percent stake in SpaceX which would likely increase his net worth by another $5 billion. Elon Musk will be the world’s richest man in 2022.

How rich is Elon Musk as of 2018?

So just how rich is Elon Musk, as of early 2018? Authoritative sources estimate that his net worth is over $20 billion, accumulated through his several business activities during a career which began in the 1990s, and putting him in the top 50 richest persons in the world

elon musk twitter technoblade

How much of SpaceX does Elon Musk own?

Elon Musk Net Worth details: Elon Musk owns 54 percent of rocket maker SpaceX which was valued at $34 billion in May 2019. Musk also owns 22 percent of car maker Tesla which includes 33 million shares and 2.1 million exercisable options.

How much did Elon Musk spend to take Twitter private?

Adler, Maxwell; Turner, Giles (April 14, 2022). “Elon Musk Makes $43 Billion Unsolicited Bid to Take Twitter Private”. Bloomberg. Archived from the original on April 14, 2022.

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