According to Twitter, Elon Musk is being investigated by 'federal authorities'.
Elon Musk is apparently being investigated by federal authorities over his Twitter acquisition. Twitter and Elon Musk have been going back and forth all year after Musk made an offer to purchase the social media platform for $44 billion. As the deal was in the process of being approved and financed, Musk made a number of disparaging tweets about the company. Eventually, Elon Musk decided to cancel the deal with Twitter, prompting a lawsuit from the social media platform.
It has been a rather chaotic ordeal and one that is only getting more hectic as the days go on. In a new court document spotted by Bloomberg, Twitter claimed that Elon Musk is being investigated by federal authorities with regards to the acquisition. Twitter stated that it wants the documents that Elon Musk has given to the unnamed federal authorities, noting that they"bear upon key issues in this litigation" and asked for the documents months ago, but have yet to receive them.
It remains to be seen if this will be elaborated on and whether the court will force Musk and his counsel to provide the aforementioned documents, but it is certainly a unique situation. With an imminent trial date, it will be interesting to see what other information comes out of the deal and what the ultimate verdict on the matter is. Elon Musk recently offered to buy Twitter again, though the social media platform expressed skepticism over the offer.
0commentsWhat do you think of the Elon Musk and Twitter debacle? Let me know in the comments or hit me up on Twitter @Cade_Onder.
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