The new date is Jul 18, 2022.
The world's richest man is trying to "disparage" and prolong this litigation by trying to delay the trial that could force him to purchase the social network.
On the front of the New York Stock Exchange, there is a banner with the logo of the micro-messaging service.
In a court filing Monday, the company argued that Musk's request to hold a trial in February of next year is "calculated to complicate and obfuscate."
The company on Monday called Musk's questions about the prevalence of spam and fake accounts a "contractually."
A cloud of Musk-created doubt is hurting the company and it needs a quick trial.
A judge in Delaware Chancery Court could rule on the request for an expedited trial by the end of the day.
A 10-week-old deal to buy the social media platform from Musk was thrown into disarray when he terminated his offer two weeks ago. The billionaire said he was pulling out of the agreement because he believed that the number of fake accounts on the social network had been low. The company quickly filed a lawsuit to force Musk to close the deal, and accused Musk of leading a "fishing expedition" so he can get out of a deal he's no longer interested in
$230.8 billion is the total amount of money. According to Forbes, Musk is the wealthiest person on the planet, with a net worth of at least $65 billion. Musk's net worth has fallen in recent months due to a decline in his company's stock price.
All Rights Reserved © 2024
