The social media company didn't give up easily despite Musk's intentions to end his bid. The CEO of Musk's company refused to honor his contractual obligation to buy the platform. According to the company's lawyers, Musk's concerns about the bot numbers are not valid.
There are no take-backs if you agree to buy a social media platform for more than it's worth. Musk claimed that the trove of information wasn't enough. He declared that the deal was off after he extended his public rant.
According to the lawsuit, Musk is free to change his mind, trash the company, destroy stockholder value, and walk away from the company. Musk responded to the lawsuit by saying, "Oh the irony."
Oh the irony lol
— Elon Musk (@elonmusk) July 12, 2022
Anyone can see that Musk has been using it. He was getting cold feet about his $44 billion impulse buy because of the stock market downturn.
In his press release announcing the deal on April 25, 2022, Musk called for a fight against the bots. When the market declined and the fixed-price deal became less attractive, Musk shifted his narrative, demanding verification that there was no real problem on the platform.
How do you show that a troll is trying to trick you? The receipts are shown. The receipts in this case are a type of meme.
There are more pictures in the lawsuit against Musk than you would expect. The document contains images of Musk's social media posts to show that he has acted in bad faith. They included the poop symbol that Musk used when he tried to answer the mogul's questions on the social network.
Musk responded to Parag with a poop symbol.
Musk is in violation if he dislikes the platform. According to the platform's lawyers, the poop symbol does count as a form of insult, but they pulled several more statements to back it up. In two other instances, Musk called on the SEC to investigate the financial disclosures that claimed that more than 85% of daily active users are humans. According to the lawsuit, Musk's conduct confirms that he wants to escape the binding contract he freely signed.
The image was posted on the social media site.
A meme that Musk posted yesterday shows the billionaire laughing along with text making fun of the platform, which was included in the lawyers' submission. They wouldn't reveal bot information. They would like to force me to buy it. They have to tell the truth in court.
He used a meme of Chuck Norris playing chess to make a statement.
A lawsuit has been filed against Musk in the social networking site.
Does Musk know that the Chuck Norris meme hasn't been funny in a long time? Maybe he is too busy to increase the U.S. birth rate. This acquisition is seen by Musk as an elaborate joke.
The creators of the meme Keyboard Cat and Nyan Cat got a settlement after they sued Warner Brothers for unauthorized use of their copyrighted work in a video game. It was almost a decade ago. Tea-spilling group chats can be subpoenaed and featured in a New York Times feature.
Musk has been in legal trouble before for his bad jokes.
Musk had secured funding and was considering taking the company private. The SEC charged Musk with fraud because he made a joke about weed. As a result, Musk stepped down as the chairman of the board of directors of the company, the company paid a $20 million fine, and after making an agreement with the SEC, he now has to have his social media posts written by lawyers.
Am considering taking Tesla private at $420. Funding secured.
— Elon Musk (@elonmusk) August 7, 2018
This is the first time that meme will be used to determine the fate of a large corporate acquisition. The judges at the Delaware Court of Chancery need to have fun.
Twitter sues Elon Musk to force him to seal the deal
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