The soap opera that concerned Elon Musk and the agreement he had reached for the acquisition of Twitter it could have reached the last episode. Because between accelerations and sudden turnarounds, in the end it seems that the deal will not go through: the Tesla CEO has in fact made it known that he will give up buying the social network for which he had reached an agreement from 44 billion dollars. A scenario that was predicted several weeks ago, and which has now materialized: the South African manager wants to cancel the agreement for the acquisition of Twitter.
And the motivation is always the same: according to him, Twitter would not have provided him with sufficient reassurance about the number of fake accounts on the platform: information “false and misleading“, So Musk defined the few details that the social network would have communicated to him about it. An issue that ultimately weighed on the final decision taken by Tesla’s number one: the agreement between Twitter and the CEO of the US manufacturer is finally over, after it was signed last April. Now Musk will have to pay one criminal equivalent to $ 1 billion for backing out, an extremely low figure compared to what the South African manager himself would have had to pay if he bought Twitter.
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