Elon Musk broke his silence after announcing that he intends to walk away from his $44 billion acquisition of Twitter

Elon Musk broke his silence after announcing that he intends to walk away from his $44 billion acquisition of Twitter

After announcing in the form of two memes that he would be abandoning his $44 billion purchase of Twitter, Elon Musk has now spoken out.

Along with other titans of the tech and financial industries, Musk has just been in Idaho for the Sun Valley Conference.

The world’s richest man shared two memes, one of which had him laughing hysterically while making a number of assertions, two days after dropping the bomb regarding his choice regarding the Twitter deal.

They claimed I couldn’t acquire Twitter, according to the statements. Then they wouldn’t provide bot information.

They now want me to purchase Twitter before them in court. In court, they must now divulge information on the bots.

Because he thinks Twitter is being dishonest about the number of false accounts on the platform, Musk said the delay in his acquisition and the reason he eventually left Twitter were related.

Musk tweeted a picture of action hero and meme pioneer Chuck Norris playing chess in the second post.

While his adversary still has a full set of pieces, Norris, who is playing as white, is down to just one pawn.

Perhaps an implication that Musk will be at a disadvantage in court versus Twitter, requiring just one component to win, is made by several analysts.

Musk appears to have responded to a user who brought up the number of spambots they frequently encounter on the website.

Hellow??? @SECGov, the Securities and Exchange Commission’s Twitter handle, was all the South African wrote.

Elon Musk’s decision to back out of his $44 billion offer to acquire the company has led to Twitter hiring a stout Delaware-based law firm to file a lawsuit against him.

According to Bloomberg, the social media behemoth has retained the services of Watchell, Lipton Rosen & Katz and intends to sue Musk this week.

Leo Strine and Bill Savitt, attorneys who once held the position of Chancellors of the Delaware Chancery Court where the litigation would be heard, are now available to the business thanks to Wachtell’s hire.

Chancellor judges preside over non-jury proceedings in Delaware’s chancery courts.

Many prestigious US companies, including Twitter, have their corporate headquarters there, even though their primary offices are located elsewhere.

As a result, they frequently deal with business disputes.

Chancery courts can’t impose punitive penalties and hear cases more swiftly than criminal courts, so the Twitter scandal will likely be resolved in a matter of months.

The law firm that defended Musk in a defamation case in 2019 and is currently assisting him in a lawsuit pertaining to his unsuccessful bid to take Tesla public in 2018 has been retained by Musk, Emanual Urquhart & Sullivan LLP.

At a rally in Alaska on Saturday, former president Donald Trump brought up Elon Musk as one of the subjects of debate.

Musk claimed last month that his ballot for Mayra Flores was the first time he ever voted Republican, but Trump said on Saturday that Musk had previously told him that he had done so.

You may recall that he recently declared, “Oh, I’ve never voted for a Republican.” “I didn’t know that,” I replied.

In response to Musk’s Twitter deal failing, Trump stated at his Alaska rally, “He told me he voted for me.”

So, the former president added, “he’s just another bulls*** artist.”

But he won’t be purchasing [Twitter].

Who the heck knows what’s going to happen, he said in the middle of his hour-and-a-half speech in Anchorage, Alaska on Saturday, even though he might do so later.

Musk, who now resides in Texas, said that in the special election held in June, he had cast his first Republican ballot in support of Flores, who was running against Democrat Dan Sanchez for the 34th congressional seat.

Musk tweeted on June 15: “I voted for Mayra Flores – first time I’ve ever voted Republican.” a significant red wave in 2022.

Musk responded “tbd” when asked by Tesla Owners Silicon Valley on Twitter if he will cast his ballot for the Republican candidate for president in 2024.

Trump asserted that Musk told him he had previously voted for him, leading him to infer that Musk is lying.