What happens now that Elon Musk refuses to buy Twitter? Twitter plans to take his ass to court.

The critics were proven correct once again.

The billionaire father of 10 children has pulled out of a deal with the social networking site.

What do you think will happen now?

The company will be taking Musk's ass to court.

The social media company plans on suing Musk to force him to keep his end of the deal.

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The board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement.

The Delaware Court of Chancery is where we are confident we'll win.

The court can't do anything. A judge can order Musk to follow the terms of his agreement to buy the social network. If Musk decided to back out of the deal, he would have to pay $1 billion to Twitter. There were exceptions to the fee, which Musk says is why he now owes nothing.

Shortly after the deal was announced, Musk began to have doubts. The deal was put on hold. He pointed to the bot problem, the number of fake accounts on the platform, and the misrepresentation of how big of an issue it was as his reason for the firing. Musk had previously commented about his plans to tackle the problem on his verified account. Last month, the feud over bots went public when Musk shared that he requested additional data from the company in order to take a deeper look at the issue. The full " firehose" of the platform's data was given to Musk after he was called bluff.

Musk is trying to wriggle out of the deal. The social media company's stock has been de-valuing since he agreed to buy it. At the close of the market on Friday, the company's stock price was $36 a share.

Regardless of what happens, Musk still has a large stake in the publicly- traded company. He doesn't want to pay to own it and make it his own business.