elon musk
Elon Musk on March 9.Photo by Yasin Ozturk/Anadolu Agency via Getty Images
  • In a private text, Musk said it wouldn't make sense to buy the social network.

  • Musk tried to back out of the acquisition.

  • The lawyer said Musk was motivated by concern over his finances.

In private texts, Musk said it wouldn't make sense to buy Twitter if we were heading into World War 3.

The texts came to light in a hearing Tuesday about the trial being pushed back over Musk's deal to buy Twitter. In July, Musk said he was backing out of his agreement to buy the company and that he was upset with the way it was being handled.

Morgan Stanley is financing part of Musk's deal. The billionaire mentioned a speech from Putin. In a speech for the 77th anniversary of the Allied victory over Nazi Germany, Putin claimed that the West was scheming to invade Russia.

"Let's take a few days to think about it," the lawyer said, reading out Musk's text messages. Tomorrow's speech by Putin is crucial. If we're going into World War 3, it won't make sense to buy a social media platform.

Alex Spiro is a lawyer for Musk and he said the characterization of the texts in court was nonsense. Next week, the full text chain is expected to be filed.

In April, Musk signed an agreement to buy the social networking site. In July, when Musk said he was dropping the deal, he was sued to enforce the contract and make him acquire it at the agreed-upon price. The court battle is set to go to a five day trial in October and Musk is seen to be on the back foot.

Before Tuesday's hearing, Musk's lawyers cited a complaint from Peiter Zatko, the former chief information-security officer at Twitter, who told Congress last month that the company was not adequately dealing with security issues. The issues Zatko presented needed more time.

In reading Musk's texts, the lawyer for the company said that Musk only wanted to get out of the deal because he was worried about his finances. Lawyers for Musk argued during the hearing that there was no proof that he dropped the deal because of economic concerns. His lawyer said at the hearing that the theory about what really happened is not what really happened.

According to the legal team for the CEO of the company, the social-media company misled him about the number of daily users on its site.

Are you a person with knowledge to share? Contact Kali Hays at khays@insider.com, on the secure messaging app Signal, or through the official account on the social media platform. Use a non work device.

Grace Kay can be reached at g Kay@ Insider.com.

Business Insider has an article on it.