Elon Musk vs Twitter: Billionaire's tough day in court

Elon Musk vs Twitter: Billionaire's tough day in court

A Delaware court has denied billionaire Elon Musk’s attempt to delay the October trial for ending the $44 billion Twitter deal.

However, the court has agreed that Musk can incorporate the Twitter whistleblower's claims into his case.

The trial is set to run for five days starting October 17.

The whistleblower alleged that Twitter misled Musk about bots and spam accounts on its platform.

The claims resulted in further complicating the deal between the SpaceX CEO and the social medial platform.

Twitter's annual revenue for 2021 was recorded at $5.077 billion, a 36.63% increase from 2020.

With a net worth of $241 billion, Elon Musk turned heads by announcing his offer to buy Twitter earlier this year.

Musk is reported to be Twitter's largest individual shareholder, with over 9% stake in the company.