South African billionaire Elon Musk wanted to slow down the process of acquiring Twitter after he had already reached an agreement with the company, referring in private messages sent to one of the bankers to a speech by Russian President Vladimir Putin, Business Insider and Bloomberg reported.
The message between Musk and one of his bankers, Morgan Stanley, was presented Tuesday by lawyers for Twitter at a preliminary hearing in a lawsuit between the social network company and the CEO of Tesla and SpaceX.
In a message sent on May 8, Musk asked the banker to slow down the process of buying the social network in anticipation of a speech by Vladimir Putin the next day, when Russia celebrates Victory Day in World War II.
“It doesn’t make sense to buy Twitter if we’re headed for World War III,” Musk wrote to his banker. The message he sent comes after Musk and Twitter officially announced on April 25 that they had reached an agreement for the billionaire to buy the company for $44 billion.
Why Elon Musk wanted to wait for Putin’s speech
Musk’s request to the Morgan Stanley banker came at a time when many analysts and experts expected President Vladimir Putin to announce a general mobilization in Russia after his armed forces failed to capture Kyiv and other key objectives set in the early days of the invasion. launched on February 24.
However, in the end, the Kremlin leader did not give the order for general mobilization, which would have allowed him to significantly increase the number of troops sent to Ukraine. Instead, the Kremlin chose a so-called “invisible” mobilization, which would not warn the population about the difficulties faced by the Russian armed forces in Ukraine.
The hearing, which took place on Tuesday in the court of the US state of Delaware, was about Musk’s request to delay the start of the lawsuit that Twitter filed against him after the billionaire announced on July 9 that he was abandoning the purchase of the company. .
A few days later, Twitter officials announced that they would be suing Musk to force him to take over the social media platform in accordance with the deal.
The filing now in court appears to confirm what some analysts have speculated since Musk began backing away from the acquisition, namely that he later regretted the agreed-upon price and wanted a cut.
Instead, Elon Musk claims that Twitter misled him about the number of fake accounts on the platform, so-called “bots,” and refused to provide him with relevant information about them.
Source: Hot News RO
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