Musk, who turned 51 last month, claimed that he terminated the agreement with Twitter because the social media platform is overrun with bots (false accounts) and the business is only making the barest efforts to fix this problem.
Elon Musk responded on Twitter on Wednesday after Twitter sued him for breaching the terms of their $44 billion acquisition agreement and sought a Delaware court to order the world’s richest man to complete the transaction at the agreed-upon $54.20 per share.
For his 100 million Twitter followers, Elon Musk, the CEO of electric vehicle manufacturer Tesla Inc., wrote, “Oh the irony lol.”
Elon Musk tweeted a meme earlier on Monday, before the complaint was submitted, criticising the development of the $44 billion acquisition offer. Elon Musk “reacteds” to the twists and turns in the Twitter takeover incident in the meme. It reads as follows: “They said I could not buy Twitter. Then they wouldn’t bot info. Now they want to force me to buy Twitter in court. Now they have to disclose bot info in court. “
When Twitter CEO Parag Agrawal explained how the firm is identifying and battling spam bots earlier in May, Musk replied with a faeces emoji.
Additionally, he claimed that the business ignored his request for information about the precise number of bogus accounts using its platform. Twitter defended withholding the information from Elon Musk by claiming it was concerned that Musk would launch a rival platform after dropping the deal.
According to a Bloomberg article, the complaint against him is 62 pages long and includes quotations from about 13 tweets by Elon Musk. The case is not yet assigned to a judge. On September 19, the corporation wants to begin the case.