The latest updates on Elon Musk’s Twitter acquisition

Of course it couldn’t be that easy.

Musk sent a letter to Twitter saying he plans to terminate their merger agreement, alleging the company is in material breach of the agreement, and accusing Twitter of “false and misleading representations on which Mr. Musk is relying in entering into the merger agreement.” Has”. Twitter then sued Musk to force him to complete the deal, and the fight appeared to go to trial in Delaware’s Chancery Court in October. What followed was a months-long legal scramble over evidence, allegations of fraud and even some testimonies.

Eventually, Musk decided to do what he had already promised and buy Twitter. Judge Kathaleen McCormick gave the two sides a 5:00 p.m. deadline on October 28 to finalize the deal, and when the time ran out on the evening of October 27, the deal was finalized and Elon Musk reportedly began Twitter’s new era of private property by firing several executives, including former CEO Parag Agrawal, CFO Ned Segal and Policy Chief Vijaya Gadde.

Musk, who already runs Tesla, SpaceX, The Boring Company, and Neuralink, is one of Twitter’s most visible users with a large audience of loyal followers. The billionaire spontaneously shares earth-shattering business plans, uncredited memes and bizarre allegations. This is in addition to Answers, which serves as a global technical support hotline for people who need everything from help with their electric car to politicians looking for satellite internet so they can keep citizens connected during a war.