Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal

Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal


Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to terminate the deal. The social media giant has refused to provide critical information relating to spam and fake accounts on its platform, Musk’s legal team explained.

Elon Musk Could Terminate His $44 Billion Twitter Buyout Offer

In a letter sent to Twitter Inc. Monday, which was also filed with the U.S. Securities and Exchange Commission (SEC), Elon Musk’s legal team wrote:

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Twitter has … refused to provide the information that Mr. Musk has repeatedly requested since May 9, 2022 to facilitate his evaluation of spam and fake accounts on the company’s platform.

“Mr. Musk has made it clear that he

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