Elon Musk Tries To Evade Twitter's Lawsuit Over Company Merger

JAKARTA - Entrepreneur Elon Musk is apparently trying to evade Twitter's lawsuit over legal issues regarding the acquisition of ownership of the tech company that should be worth $44 billion.

This is evident from Elon Musk's move to file a legal application to the Delaware Court asking for the cancellation of Twitter's request to speed up the trial.

Launching Antara, Sunday, July 17, Elon Musk's attorney said in his legal filing that Twitter's request to the court was unjustified and should be rejected.

Earlier, in the same week, Twitter did file a legal action against Elon Musk in an effort to find a light in the midst of uncertainty about the purchase of his company.

Elon is known to have started withdrawing from the deal to acquire Twitter because of the "spam bot" problem and making Twitter unsafe.

In Twitter's lawsuit, Twitter requested that the SpaceX owner and Tesla CEO complete the acquisition at an agreed price of $54.2 per share.

Twitter also proposed that the trial could begin in September 2022 given the acquisition agreement with Elon Musk expires on October 25, 2022.

"Twitter's sudden request within two months to complete this acquisition is a new tactic of trying to cover up the truth, especially regarding the existence of 'spam bots', enough to make the defendant withdraw from this," said attorney Elon Musk, stating the reason the Court dismissed Twitter's lawsuit. .

Furthermore, Attorney Elon Musk argues that disputes over fake accounts and spam are fundamental to Twitter's highly fact-intensive and expert value.

His party said it would take a lot of time to find evidence so that it could be brought to justice, so it asked for the trial to be postponed after February 13, 2023.

The debt financing package put in place by the bank for the Musk acquisition expires in April 2023, if the trial starts in February and is not completed by April then the deal is void.

Twitter declined to comment on Musk's latest legal move.