Elon Musk wants to terminate $44B Twitter buyout deal

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Elon Musk might not be acquiring Twitter after all.

In a letter filed with the Securities and Exchange Commission on Friday, the billionaire's lawyers said Musk wanted to pull out of the deal because the social media company was in “material breach” of their agreement.Musk's lawyers said for nearly two months he has tried to obtain information about fake accounts on the platform, which he noted Twitter never provided.

"Sometimes Twitter has ignored Mr. Musk’s requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr. Musk incomplete or unusable information," the filing said.The $44 billion deal was first agreed to in April, the Washington Post reported.

 

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Fake news? He has not said a word about it on his Twitter account. However he is renegotiating the price to take into account the fact that 20-25% of Twitter accounts are fake.

9 kids?

Of course he does. He was “jest funnin’” all along. 🙄

The MAGAs are gonna cry themselves to sleep tonight.

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