According to Reuters, in his tweet on August 6, Elon Musk stated that if Twitter could provide a sampling method for 100 accounts and how to confirm those accounts as real, then his $44 billion company buyback deal would be conducted under the original terms.
"However, if their sections have significant errors, it is Of course not possible," Musk Trump said. It is known that the sections are a financial report or other official documents submitted to the US Securities and Exchange Commission.
Many newspapers reported on Thursday, August 4, that Twitter rejected Musk's statement when the billionaire said he was scammed in signing a deal to buy a social media company.
Twitter affirmed that this was extremely "unreasonable and contrary to reality".
"According to billionaire Elon Musk - who owns and founded many companies, and was extensively consulted by lawyers and Wall Street bank owners - was scammed by Twitter to sign a $44 billion merger agreement. That story is completely unfounded and unreal, Twitter said.
Previously, Musk's team tried to dismiss the company's allegations that the Tesla CEO was trying to escape the deal without a reason.
The submission reiterated the allegations that Twitter had incorrectly declared the number of fake bot and spam accounts on its platform.
However, Twitter said that this was only an accusation made by Elon Musk to justify the termination of the buyback agreement after initially giving the reason for wanting to "expose the junk letters and junk accounts" as a reason for buying the company.
The company also continued to claim that the issue of the bot was not and never had been related and affected the completion of the acquisition.
And that, "Elon Musk has received a large amount of information from Twitter for months and has not been able to find a valid reason to withdraw his contract."
Following Twitter's move, Elon Musk responded immediately with a Twitter post asking the company to clearly explain the methods of taking samples of 100 accounts and confirming the ownership. Affirmed that the deal is still likely to continue.
As of now, this is the latest news in the legal battle that has not shown any signs of ending between billionaire Elon Musk and the social media giant.
