Twitter Trial Against Musk Is Halted to Allow Deal to Close
TimeDec 23, 2022
The Facts
Elon Musk is under investigation by US federal authorities for his $44B deal to take over Twitter, the social media company has asserted in a court filing made public Thursday.
While the platform's filing suggested that Musk was being investigated, it didn't describe the intent of the probe. "This game of 'hide the ball' must end," the filing asserted.
The Spin
Narrative A
This court filing is just the latest in a series of drama around Musk's acquisition of Twitter. His on-again-off-again purchase of the social media giant has been comically complicated, and his uncooperativeness is shady at worst and shenanigans at best. That the Feds are investigating is just another act in the play.
Narrative B
Musk likely intends to close the deal, and his reasons for the delay are likely tied to the time it takes to finish pulling together his previously announced financing arrangements. The pieces are coming together, and a Musk-owned Twitter is finally in sight.
/cdn.vox-cdn.com/uploads/chorus_asset/file/24085014/STK171_L_Allen_Musk_03.jpg)
