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Twitter is suing Elon Musk after he pulled out of $44 billion deal

Twitter hires Wachtell, Lipton, Rosen & Katz LLP to sue SpaceX and Tesla CEO Elon Musk over failed $44 billion acquisition. LOL.

Published Jul 10, 2022 7:31 PM CDT   |   Updated Mon, Aug 1 2022 10:32 PM CDT

I'm sure you've heard by now, but Elon Musk is no longer buying Twitter... after a huge kerfuffle over the world's second-largest social networking site, Twitter is now suing Elon Musk.

Twitter is suing Elon Musk after he pulled out of  billion deal 03 | TweakTown.com

Twitter has lawyered up, hiring Wachtell, Lipton, Rosen & Katz LLP to sue Elon Musk after the SpaceX and Tesla CEO pulled out of the $44 billion acquisition deal. The news is coming from Bloomberg, which is reporting that the social networking giant will file its lawsuit early this week, while Musk has secured Quinn Emanuel Urquhart & Sullivan LLP (which is the firm that successfully defended Musk against an ongoing shareholder lawsuit after a failed attempt to take Tesla private in 2018).

Twitter stock isn't doing well, where a week ago it was sitting at the $38 to $39 mark, but has dropped to $36 recently... we'll see how this week goes for the company, and I'm sure it's not going to go down well at all. I'm sure all those nasty "right-wing" and "alt-right" peeps around the world will get blamed, somehow.

I've got some more stories involving Elon Musk and his Twitter acquisition, where we knew it wouldn't move forward weeks ago. Twitter staff were having full-on meltdowns, and then Project Veritas were interviewing people who insulted Musk and his Aspergers.

If you want to check those stories out, give them a click below:

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Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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