American Elon Musk runs the space exploration company SpaceX and the leading electric vehicle manufacturer Tesla. Elon Musk tops the Forbes list of the world’s richest people. His net worth is 265 billion US dollars. He is active in social networking sites including Twitter and recently bought 9.2 percent shares of Twitter. Musk then offered to buy the entire company for $44 billion while announcing that he would buy all of the company’s shares.
Fake accounts
Elon Musk had announced that he was temporarily suspending the attempt to buy Twitter while it was being said that the handover of Twitter was in progress. He also pointed out that the number of spam and fake accounts on Twitter is less than 5 percent.
He then warned that if he did not hand over the details of the fake accounts, he would have to completely abandon the plan to buy Twitter. However, Elan announced that it would permanently abandon the decision to buy the company because Twitter did not disclose the details of the fake accounts. Following this, Twitter filed a lawsuit against Elon Musk. The court has announced that the hearing on this petition will begin on October 17 and will continue for 5 days.
the opposite
In this case, Elon Musk filed a counter-suit against the Twitter company within a few hours of the court order. In this regard, a 164-page document has been submitted to the court by Elan. Although it has not yet been made public, it is likely that the document will soon be released with court amendments.
While Twitter company was suing Elan, Elan’s counter-suit against the company is being talked about virally all over the world.