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