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Reading: Legal Battle Between Twitter and Elon Musk Centers on Complex Metric
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The Wall Street Publication > Blog > Tech > Legal Battle Between Twitter and Elon Musk Centers on Complex Metric
Tech

Legal Battle Between Twitter and Elon Musk Centers on Complex Metric

Editorial Board Published July 13, 2022
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Legal Battle Between Twitter and Elon Musk Centers on Complex Metric
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By Sarah E. Needleman and Dave Michaels

July 13, 2022 7:57 am ET

A legal battle between Twitter and Elon Musk is expected to come down to the number of fake and spam accounts on the platform—a figure that data scientists say isn’t easy to objectively determine.

Twitter sued Mr. Musk Tuesday, seeking to enforce their merger agreement after his lawyers said in a securities filing last week that he wants out of the $44 billion deal. Mr. Musk alleged that the company misled him about the number of fake and spam accounts on its platform and didn’t provide him with the information he needs to audit its estimate. Mr. Musk’s team said the misrepresentation voids the contract, allowing him to ditch the acquisition.

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