What to know as Elon Musk’s rocky deal with Twitter heads to trial

Twitter filed a suit against Musk in the Delaware Court of Chancery

Twitter is expected to file suit against Elon Musk in the Delaware Court of Chancery after the billionaire tried to terminate his deal to buy the company. (Chris Delmas/AFP/Getty Images)

Twitter’s saga with billionaire Elon Musk, marked by months of negotiations and contentious tweets, has made its way to the court system.

Musk, the CEO of Tesla and SpaceX, agreed to buy the social media company for about $44 billion in April, saying he wanted to promote free speech on the site and “defeat the spam bots.” But less than three months later, he filed to terminate the deal after accusing Twitter of withholding information about the bot accounts on its site.

Twitter then sued Musk in the Delaware Court of Chancery, seeking to enforce the deal and writing that “Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests.”

Chancellor Kathaleen McCormick largely agreed with Twitter’s request for an expedited trial Tuesday. The judge set a five-day trial in October for the case, rebuking arguments from Musk’s lawyers that it shouldn’t be held until February.

What are the next steps in the rocky deal between the social media company and the world’s richest person?

Twitter sues Elon Musk, setting stage for epic legal battle