Elon Musk Got More Time to Close Twitter Deal, Not More Options

A judge’s decision to grant Elon Musk a delay in his legal battle with Twitter Inc. gave the billionaire more time to complete his acquisition of the social-media platform—but no new leeway to avoid the deal if he changes his mind again, lawyers following the case said.

Chancellor Kathaleen McCormick on Thursday paused a trial scheduled to start on Oct. 17 and gave Mr. Musk until Oct. 28 to close his $44 billion takeover, following his about-face Monday after months of effort to get out of the deal. The judge said if a deal isn’t closed by that date, she would reschedule the trial in November.