Elon Musk had just broken the internet when he announced his takeover of the microblogging platform, Twitter. Soon after the takeover was announced, Musk shared a thread of tweets claiming how he was going to make Twitter better than before. He even took polls from people for ideas on what could be done.
But it looks like things might get more difficult for Twitter. In a recent development, Elon Musk has now backed off from the deal. According to Indian Express, he announced on Friday that he will not go ahead with the $44 billion deal of buying Twitter after the microblogging site refused to provide him with usable and concrete data on fake accounts or bots.
While Musk may have changed his mind, Twitter is not going to take it so lightly. As per Indian Express, Twitter has said that they would sue Musk if that takes for them to make the deal happen.
Attorneys for Twitter said in a letter to Musk’s lawyers that was included in a securities filing that Twitter demands that Mr. Musk and the other Musk Parties comply with their obligations under the Agreement, including their obligations to use their respective reasonable best efforts to consummate and make effective the transactions contemplated by the Agreement.
Ever since the news of canceling the deal came to light, Musk has been receiving a lot of flack on social media. Some of these reactions are pretty hilarious and worth the read.
Elon Musk: “I’m terminating my deal to buy Twitter.”
Twitter to @eIonmusk pic.twitter.com/TcMLs7WcrO
— High Yield Harry (@HighyieldHarry) July 9, 2022
You might think that Elon Musk backing out of a $44 bIllini Twitter deal is bad, but it’s nothing compared to when he backed out of his $6 billion promise to the UN to help solve world hunger.
— Read Wobblies and Zapatistas (@JoshuaPotash) July 8, 2022
Mr. Musk has much money and clout,
A fact that he’ll happily tout.
But though the top bidder
For purchasing Twitter,
For once in his life, he pulled out.https://t.co/mBB9HtBV4q— Liberal Limericks (@Libericks) July 8, 2022
There was a rich man named Musk
Who worked from dawn until dusk
He wanted to buy Twitter
But he pumped out a litter
Now his wallet’s an empty old husk— Gregory Anderson (@g_e_anderson) July 9, 2022
Breaking: Elon Musk continues to fool no one except people who’s entire personality is based on being fooled by Elon Musk.
— Jingalls (@Jinga11s) July 8, 2022
I can’t believe Elon Musk failed to deliver on a giant promise. Absolutely stunned by this development that has happened literally every time he’s promised something https://t.co/delDMWd6I7
— Mike Drucker (@MikeDrucker) July 8, 2022
I wonder what Elon Musk won’t buy next to get attention?🤔
— 💅Princess💅 (@ItsGottaBeNea) July 9, 2022
BREAKING NEWS: Rather than get sued by Twitter, Elon Musk has decided to leave earth, colonize Mars, and start his new Social Media empire there. It’s going to be called “Martyr”.
— Derrick is PRO CHOICE♎ #BLM 🇺🇦 🏳️🌈 (@Spawn_03) July 9, 2022
It will be interesting to see what happens next but, as of now, Twitter has a lot to handle.
