![]() “He said he wanted to buy Twitter to get rid of the spam bots, and now he’s saying he doesn’t want to buy Twitter because it has spam bots. Twitter maintains that it has held up its end of the bargain, including by offering to provide Musk with a “firehose” of internal data that his team can comb through. He also insisted that Twitter failed to provide adequate details of the number of automated or phony accounts on the site-an explanation he conveniently unfurled shortly after Tesla’s share price began cratering amid a larger market downturn in tech stocks. In a tweet on April 21, four days before Twitter’s board agreed to sell the company to Musk for $54.20 a share, Musk noted his top priority if he succeeds in buying Twitter: “We will defeat the spam bots or die trying!” But weeks after Twitter’s board agreed to sell the company to Musk, the once eager buyer said the deal was “temporarily on hold” while his team assessed the “spam bot” situation. “Now they want to force me to buy Twitter in court, now they have to disclose bot info in court.” ![]() “They said I couldn’t buy Twitter, then they wouldn’t disclose bot info,” reads a meme Musk shared early Monday that depicts himself reacting with more and more laughter. In his first tweets on the impending court battle, Musk laughed off Twitter’s threats and assured his tens of millions of followers that the social media company’s executives have fallen into his latest ingenious trap. In response, Twitter has retained Wachtell, Lipton, Rosen & Katz, a prominent New York law firm, to hold him to the agreement, per Bloomberg. In a letter sent to Twitter, the Tesla CEO’s lawyer justified the move by accusing Twitter of failing to disclose sufficient data on the prevalence of fake and spam accounts on the platform. ![]() ![]() Musk announced the reversal in a filing to the Securities and Exchange Commission on Friday. In light of Elon Musk’s move to pull out of his $44 billion purchase of Twitter, both sides are girding for what will likely be a contentious and lengthy legal battle. ![]()
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