Did Elon Musk Want Twitter To Sue Him?
July 18, 2022
17
1
5.88%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bold Tv Episodes Around July 18, 2022
See what was published immediately before and after this episode.
2:12Now PlayingDid Elon Musk Want Twitter To Sue Him?
YouTube Description
as posted by the channelElon Musk is being sued by Twitter for breaking his promise to purchase the business. Check out the video to learn why!
Welcome back to Bold TV with Ashton Cohen. Be sure to like, comment, and subscribe to Bold TV for all things Bold.
So Twitter is suing Elon Musk for backing out of his agreement to buy the company?
Additionally, several media sources claim that Twitter has a greater position to push this agreement through. However, this might be just another instance of Musk using his cunning to outwit a company in order to acquire them for a substantially lower price.
But first, let's review everything we covered. On April 25, Musk agreed to buy Twitter for $44 billion, a significant premium over the company's current value.
But as the weeks passed, Musk started to lose interest in the partnership, and now he's ending it because he thinks Twitter isn't giving him accurate information about how many fake accounts exist on this platform
Twitter's has chosen to sue Elon Musk in an effort to persuade him to buy the firm, but it may not be the best course of action.
You are required to take part in discovery soon after filing a case of this kind. During the discovery process, the parties have to exchange non-privileged material that is pertinent to the case's issue.
In other words, Musk will have the right to ask for and probably get the data that Twitter has on the fake accounts that are present on its network.
Additionally, if it turns out that Twitter has a significant number of bogus accounts, as claimed by Musk and others, Twitter may be held accountable for materially misrepresenting its business. This would expose the business to significant shareholder securities class action lawsuits.
Musk will then be in control because he can either completely back out of the agreement and watch Twitter, a company he has repeatedly criticized for its censorship policies, crumble, or he can renegotiate with the board and purchase arguably the most influential social media company in the world at a significant discount.
Don't forget that, just a few months ago, Musk tweeted that he was seeking to employ "hardcore street fighter lawyers." Could this possibly be why? Let us know in the comments below.
Make sure to subscribe to Bold TV, and follow us as we keep you up to date on all the latest news.
Subscribe to BOLD TV
Go check out Ashton Cohen’s YouTube channel and podcast here
Want to subscribe to our Crypto newsletter? Join here
Are you ready to be BOLD? Check out our favorite articles:
SAY HI ON SOCIAL:
Instagram, Twitter, and Facebook: @boldtv
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.