Is he scared? Elon Musk wants to delay Twitter trial until next year

Deepak Gupta July 17, 2022
Updated 2022/07/17 at 1:32 AM

The deal of the year put Elon Musk and Twitter on a collision course, with the former wanting to buy the entire social network. On the table was a proposal of 44 billion dollars, a high value and that many considered fair.

The truth is that this deal ended up falling apart and the strong man at Tesla now refuses to fulfill the agreement he had established. Twitter does not want to pass up this opportunity and has advanced to court. The problem now is that Elon Musk wants to postpone this confrontation in front of justice.

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What could be another successful Elon Musk business looks set to become a real nightmare for the founder of SpaceX. This would apparently be simple to comply with and to make it come to a good end, but it will end up in the courts.

This appears to be an inevitable outcome, but one that Elon Musk and his legal team now want to seem to control more firmly. O latest orderwhich was filed in court in response to Twitter's intentions is pretty clear.

an extremely fast timeline for a case of this enormous magnitude

The idea is to postpone this process that Twitter wanted to take place quickly and with a positive outcome for its side. Elon Msuk wants to postpone going to court and the whole process, sending it to the first days of 2023.

Elon Musk Twitter court judgment buys

In the 14-page document presented by Elon Musk's representatives, he asks for the trial to be postponed until next year, ideally, February 13, 2023. The process should start soon, with the first hearing in the case taking place on July 19. in court to decide whether to expedite legal proceedings between the two parties or not.

The social network argued that the trial would last four days and would start in early September this year. According to the request made by Twitter in the Delaware Court of Chancery, Elon Musk is required to proceed with the acquisition of Twitter.

As would be expected, this is a case that should take a long time to decide. Probably the purchase may be forced and Elon Musk will even have to shell out the 44 billion dollars. Still, Tesla's strongman may have arguments that will tip this case in his favor.

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