Monday, June 16, 2025 | 02:36 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Elon Musk urged bankers to slow Twitter deal on war risk, lawyer says

Twitter lawyers are using Elon Musk's text messages to try to convince a Delaware judge that the billionaire wants to abandon his $44 billion deal to acquire the company because of buyer's remorse

Elon Musk. Photo: Bloomberg
premium

Elon Musk. Photo: Bloomberg

Kurt Wagner and Jef Feeley | Bloomberg
Twitter Inc.’s lawyers are using Elon Musk’s text messages to try to convince a Delaware judge that the billionaire wants to abandon his $44 billion deal to acquire the company because of buyer’s remorse, rather than concern about the social network’s spam or bot accounts.
 
Bill Savitt, an attorney for Twitter, brought up a text message between Musk and one of his bankers as evidence during a Chancery Court hearing Tuesday. In the message from May 8, Musk asked the banker to slow down the deal process until after Russian President Vladimir Putin gave a speech the following day, during