Twitter’s bid to get Elon Musk to make his multi-billion dollar bid to buy the social network will officially go to trial Oct. 17, a Delaware judge has confirmed.
As Bloomberg reported earlier today, the ongoing feud between Twitter and the world’s richest man will come to a head in the Delaware Court of Chancery October 17-20.
The ongoing saga has taken many twists and turns since Elon Musk’s $44 billion bid was accepted by Twitter in April. The CEO of Tesla and SpaceX decided he didn’t want to buy Twitter anymore, citing a lack of clarity about Twitter’s bot data, but Twitter has insisted on trying to enforce the deal through legal action.
Although Musk initially wanted to postpone a trial until February, a judge last week ruled that Twitter could expedite proceedings until October of this year — though we didn’t know a specific date until today. Musk may be able to claim a small win, as he had more recently sought an October 17 start date versus Twitter’s October 10 request.
In its Q2 earnings report last week, Twitter revealed it had spent $33 million on its pending acquisition in the previous quarter, a figure that could only escalate in the months leading up to the trial.
This post Twitter and Elon Musk trial confirmed for October 17 – TechCrunch was original published at “https://techcrunch.com/2022/07/29/twitter-and-elon-musk-trial-will-start-on-october-17/”