A Delaware judge on Thursday pushed back the date of a trial over billionaire Musk's $44 billion deal to buyTwitter, giving Musk more time to complete the purchase after he indicated this week he would drop his attempts to back out of the agreement.
The picture of Musk is of him attending an event.
If Musk doesn't close the deal by October 28, a trial will be held in November.
The trial was supposed to start on October 17 but was pushed back.
In light of Musk's decision to follow through with the acquisition, he asked for until October 28 to complete the deal, and claimed that he would not get a response from the company.
The motion was opposed by the company and it asked the court to leave its trial in place, arguing that Musk's proposal was an invitation to further delays.
On the eve of the trial, defendants declared they intend to close after all. They say that they mean it this time, and so they want to be relieved from a scrutiny on their merits.
According to real-time estimates by Forbes, Musk is the richest man in the world, thanks to his stakes in both Musk and his company.
Earlier this week, Musk made headlines when he said he was willing to buy the company for the same price he had previously agreed on. The billionaire tried to back out of the deal earlier this year, saying that the social media company underestimated the amount of bot accounts on its platform. The lawsuit was filed to force Musk to go through with the acquisition in accordance with the original terms and to argue that Musk was using that excuse as a sideshow. Musk's lawyers said this week a trial would take away time he needed to shore up financing to complete the acquisition. The billionaire was not committing to any closing date. Musk has said he would bring a host of changes to the platform, including lifting the company's permanent ban on Donald Trump and turning it into a so-called "super app" that offers users a range of features.
The New York Times reported that Musk asked for a discount as the trial date neared. The Times reported that a counteroffer from Musk to buy the social media site for 10% less than the original offer did not move forward.
Musk offered to buy the company at its original price.
The judge ordered Musk to complete the deal by the end of October.
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