Twitter subpoenas Elon Musk associates amid lawsuit over acquisition

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Twitter's legal team is seeking information from several Silicon Valley investors and Elon Musk associates in preparation for the company's upcoming lawsuit.

Twitter issued a subpoena on Monday seeking information on an assortment of technology industry leaders, investors, and venture capitalists. The subpoena names prominent Silicon Valley investors, such as Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis, and Keith Rabois.

"You can't pay the same price for something that is much worse than they claimed," Musk said during his appearance at the summit. Musk terminated his agreement to acquire Twitter on July 8, arguing that Twitter had lied about the number of spam bots on its platform. Twitter promptly responded by filing a lawsuit against Musk on July 12, hoping to force him to uphold the agreement. Musk filed a countersuit under seal on Friday.

 

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