• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Twitter To Use Elon Musk's Own Tweets Against Him In Lawsuit

Home> News

Published 19:36 13 Jul 2022 GMT+1

Twitter To Use Elon Musk's Own Tweets Against Him In Lawsuit

Twitter is now suing the billionaire, alleging that he isn’t honouring the deal as it no longer ‘serves his personal interests’

Jess Hardiman

Jess Hardiman

Elon Musk’s own tweets are being used against him in a lawsuit launched by Twitter, which is suing the Tesla CEO for attempting to back out of his $44 billion deal to acquire the social media platform. 

Earlier this year, Twitter announced it had entered into a ‘definitive agreement’ to be bought by Musk, who vowed to make the site ‘better than ever’ under his ownership.  

But he later pulled the plug on his multi-billion dollar takeover, claiming he had been misled by the social media giant – alleging that Twitter hadn’t given him the right information about the number of fake accounts and bots on the site, or the way the social media platform registers daily active users. 

Now, Twitter is suing the billionaire, alleging that he isn’t honouring the deal as it no longer ‘serves his personal interests’, having included a number of his tweets as evidence. 

Advert

Elon Musk has tried to pull out of his $44 billion bid to buy Twitter.
Alamy

The lawsuit - which was filed in Delaware’s Chancery Court yesterday, Tuesday 12 July - says: “In April 2022, Elon Musk entered into a binding merger agreement with Twitter, promising to use his best efforts to get the deal done. 

“Now, less than three months later, Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests.” 

It continues: “Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he - unlike every other party subject to Delaware contract law - is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away.” 

Advert

Compelling Musk to ‘fulfil his legal obligations’, and that his model is one of ‘bad faith’, Twitter proceeded to list a number of his social media posts as evidence in the case. 

“If our Twitter bid succeeds, we will defeat the spam bots or die trying!” one, dated 21 April 2022, said – with Twitter arguing that this showed ‘Musk was well aware when he signed the merger agreement that spam accounted for some portion of Twitter’s mDAU [monetizable daily active users]’. 

Twitter is using a number of Musk's tweets as evidence in the lawsuit.
Twitter/Delaware Court of Chancery

"Spam was one of the main reasons Musk cited, publicly and privately, for wanting to buy the company,” the lawsuit added. 

Advert

Referencing a 13 May 2022 tweet, which linked to a Reuters article and said the Twitter deal was ‘temporarily on hold’, Twitter said in the complaint: “Musk had no basis for asserting that the deal was ‘on hold’ based on this longstanding disclosure. Twitter’s deal counsel called Musk’s deal counsel. Two hours after the “on hold” Tweet was published, Musk belatedly Tweeted that he was still “committed” to the deal. 

Despite later tweeting that he was still ‘committed’ to the deal, the same day, Musk also shared what Twitter said was a ‘misrepresentation’ about the company’s sample size for spam estimates being just 100. 

The next day, he ‘boasted publicly, that he had violated his non-disclosure obligations, according to Twitter, having written: “Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100! This actually happened.” 

The lawsuit continued: “Musk’s Tweets on May 13 and 14 violated his obligations under the merger agreement, including the provisions prohibiting public comments not consented to by Twitter, disparagement, misuse of information provided under Section 6.4, requiring best efforts to consummate the merger.” 

Advert

And that’s just the tip of the iceberg, it seems, as Twitter went on to cite other tweets – including a poo emoji Musk posted in a ‘disparaging’ response to Twitter CEO Parag Agrawal, and another post calling on the Securities and Exchange Commission to investigate whether or not Twitter lied in its official filings. 

A few examples of Musk's many meme tweets.
Twitter/Delaware Court of Chancery

He also posted meme tweets earlier this week ‘implying that his data requests were never intended to make progress toward consummating the merger’. 

“For Musk, it would seem, Twitter, the interests of its stockholders, the transaction Musk agreed to, and the court process to enforce it all constitute an elaborate joke,” the lawsuit said. 

Advert

If you have a story you want to tell, send it to UNILAD via [email protected] 

Featured Image Credit: Alamy

Topics: Elon Musk, Celebrity, Twitter

Jess Hardiman
Jess Hardiman

Jess is Entertainment Desk Lead at LADbible Group. She graduated from Manchester University with a degree in Film Studies, English Language and Linguistics. You can contact Jess at [email protected].

X

@Jess_Hardiman

Advert

Advert

Advert

Choose your content:

3 hours ago
4 hours ago
  • 3 hours ago

    Someone who invested $7,793 into Bitcoin 14 years ago and only just accessed it is now worth a staggering amount

    After 14 years of lying dormant, two bitcoin wallets holding 10,000 bitcoin each were activated this week

    News
  • 3 hours ago

    Elon Musk reveals 'two-part plan' to take control of US Congress with 'America Party'

    The Tesla boss has a new idea to shake up politics in the US

    News
  • 4 hours ago

    Expert issues urgent warning for anyone thinking about travelling whilst on Ozempic or Mounjaro

    Those on Ozempic or Mounjaro may face problems abroad if they don't declare it

    News
  • 4 hours ago

    YouTuber Nikocado Avocado shares shocking results of plastic surgery after 250lb weight loss

    Nikocado explained that following his weight loss, he sought the help of a plastic surgeon

    News
  • Elon Musk 'cost Twitter shareholders $150,000,000' according to new lawsuit against him
  • Elon Musk's first Neuralink patient shows remarkable image he can draw with his mind 18 months after brain installation
  • Elon Musk's company SpaceX submits letter to judge asking for HQ to become its own city
  • Elon Musk has ominous response to Trump’s deportation threat amid public feud