Even as Musk tries to back out of the deal, a key shareholder vote has preliminarily passed, according to reports.
There is a sign on the side of the building.
The deal was approved by most of the shareholders by Monday afternoon, according to sources.
According to the Journal, the deal is on track to pass its required shareholder vote, despite the fact that shareholders can still change their minds before Tuesday.
The social media company will not give any information before the shareholder meeting on Tuesday.
Shortly after the deal was first struck, it became mired in chaos. In July, the billionaire CEO ofTesla said he wasterminating the agreement because the company had failed to back up its claims. Musk said he changed his mind about the deal because of a decline in his personal wealth, but that was denied by the company. The company wants a Delaware judge to order Musk to close the deal on the original terms, which would force him to buy the social network. Last week, Musk claimed that a multimillion-dollar severance pay to the ex-head of cybersecurity violated the acquisition deal because he didn't ask for his permission.
There will be a trial in October. The judge in Delaware has repeatedly rejected Musk's attempts to delay the trial, but last week he ruled that Musk can include claims from the hacker in his countersuit.
It is estimated that Musk is the richest person on the planet. His net worth went from over $300 billion in November to just over $200 billion in May due to changes in the share price of the company.
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