Now that Elon Musk is back on board with buying Twitter at his original bid price, he wants the social media company to drop all litigation to close the deal.
The billionaire unconvincingly blamed the negative reaction to his diplomatic suggestion on a “,” alluding once more to his supposed reasoning for scuttling the Twitter takeover: too much spam and fake activity. This ongoing complaint is almost certainly due to his own particular experience as a highly engaged user with over 100 million followers — many of which are. But any concern over the influence of automated accounts seems to have evaporated in the past 24 hours.
Another potential factor in Musk’s reversal is legal discovery. Last week, as he and Twitter prepared to go to trial in the Delaware Court of Chancery to decide the fate of the acquisition, a trove of hisbecame public. Musk had once been eager to see the inner workings and dark secrets of Twitter revealed in this process but instead had his conversations about the platform with his ultra-wealthy, sycophantic peers aired out for all to read.
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