Business

WWIII fears swayed Musk’s Twitter bid – media — Analysis

The billionaire reportedly said purchasing the platform wouldn’t make sense if the world is doomed, a court was told

Privately, Elon Musk, the billionaire, stated in May that it was not sensible to buy Twitter if the planet was headed towards destruction. A court heard this Tuesday.

The proceedings are part of Twitter’s attempt to force Musk to deliver on his April promise to buy the microblogging platform for $44 billion, Business Insider reported.

An attorney representing Twitter was present to read the text messages, which were sent May 8th to Morgan Stanley’s banker.

“Let’s slow down just a few days,”Musk was quoted saying that he used texting. “Putin’s speech tomorrow is really important. It won’t make sense to buy Twitter if we’re heading into World War 3.”

Musk was referring to Russia’s annual Victory Day celebrations on May 9. Many people expected that Putin would declare war on Ukraine in his address at the event and announce Russia’s mobilization of troops, moving the West closer to an Russia-NATO confrontation. Both predictions were not realized.

Musk pulled out of the Twitter deal in July after claiming that the company had misled him regarding the amount of spam accounts on Twitter. Twitter claims that Musk backed out of the deal to buy Twitter because he had financial worries and they should have to force him to complete it per his contract.

A lawyer representing Musk said the WWIII message was mischaracterized by Twitter’s attorney. According to him, the entire text of the argument will support his assertion. “utter nonsense,”The news site reports that the documents will be delivered to the court in the next week.

LEARN MORE
Elon Musk refers to whistleblower in his bid to scrap Twitter

Musk’s legal team previously cited revelations from former Twitter security chief Peiter Zatko, who turned whistleblower. They argued that his allegations against his former employer corroborated Musk’s assessment of the platform. Zatko also claimed that Twitter had misled regulators regarding the number fake accounts it hosted.

Share this story via social media

Tags

Related Articles

Back to top button