The proposed acquisition by Musk was approved by the company's shareholders.
According to reports yesterday, a wide margin of approval was expected for the vote, with the required majority locked before Tuesday's meeting. A preliminary count shows that there are enough votes for the deal to be approved.
In April, Musk made a proposal to take the company private. Since then, investors have been encouraged to accept it, even as Musk tries to end it. The vote today allows the lawsuit to continue.
Musk's trial in the Delaware Court of Chancery will go ahead. Musk is going to argue that the platform concealed important facts about its internal operations, including an alleged undercount of bot accounts, as well as details revealed by Peiter Zatko. The company will argue that Musk's complaints are just a pretext to back out.
Zatko's revelations will draw separate interest from regulators and lawmakers.
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