Subsequently, Elon Musk attempted to buy the entire Twitter company for $44 billion. A contract for this has also been prepared and finalized. Later, Elon Musk said that the deal to buy Twitter will be terminated only if Twitter reports on fake accounts on the social network.
This put the deal to buy Twitter on hold. In this case, Elon Musk announced on Friday that the Twitter contract was canceled due to the lack of information about the fake accounts.
In this case, it has been reported that Twitter has decided to file a lawsuit against Elon Musk after abandoning the $44 billion Twitter contract. It has been reported that Twitter has negotiated with law firms such as Wachtel, Lipton, Rosen and Katz.