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Elon Musk reveals Twitter deal 'should proceed' if key condition met

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First published at 14:29 UTC on August 8th, 2022.

#elon
#musk
#twitter

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Elon Musk has revealed his $44 billion takeover of Twitter 'should proceed', if a key condition is met by the social media giant.

Musk tweeted in the early hours of Saturday morning. “If Twitter simply provides their method of sampling 10…

Elon Musk has revealed his $44 billion takeover of Twitter 'should proceed', if a key condition is met by the social media giant.

Musk tweeted in the early hours of Saturday morning. “If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms,” “However, if it turns out that their SEC filings are materially false, then it should not.”

The tweet came after Musk accused Twitter of fraud in the countersuit released amid his legal battle with the social media company over his terminated acquisition of the platform.

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