Elon MuskHis decision to cancel his highly-publicized, multimillion-dollar deal with Twitter to buy it has been widely criticized online. However, it seems the Tesla CEO isn’t letting the criticism get to him; he was recently seen partying in Greece on a yacht with plenty of pals.
Musk Parties in Greece while Feuding with Twitter
The billionaire was seen chatting with a few friendsThis past weekend, he was seen in Mykonos wearing a swimsuit and a t-shirt while the group hung on the luxury yacht. It seems like his current legal battle with Twitter isn’t getting him down.
Musk was accompanied by fashion designer Sarah Staudinger as well as Endeavour CEO Ari Emanuel. After dinner at Spilia Seaside Restaurant, the group returned to their boat to cruise around Mykonos.
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It’s no surprise Musk chose Mykonos for his vacation destination. Celebrities have been visiting the island for many years. Other notables who have visited are Magic Johnson, Kendall Jenner and Serena Williams. Leonardo Dicaprio and Mariah Carey are just a few of the others.
Lawyer Claims Twitter Gave ‘Incomplete Or Unusable Information’
Musk spoke out about Twitter purchasing earlier in the year. “bot”The app encourages free speech and accounts. Musk pulled out just before the deal was over.
The tech CEO claims Twitter’s board didn’t provide relevant business information and that they have inaccurately reported the number of spam “bot” accounts. “Twitter has failed or refused to provide this information,” Mike Ringler, his attorney, claimed the claim.
“Sometimes Twitter has ignored Mr. Musk’s requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr. Musk incomplete or unusable information,”He went on.
“Despite public speculation on this point, Mr. Musk did not waive his right to review Twitter’s data and information simply because he chose not to seek this data and information before entering into the Merger Agreement,” Ringer added. “In fact, he negotiated access and information rights within the Merger Agreement precisely so that he could review data and information that is important to Twitter’s business before financing and completing the transaction.”
Musk Will Still Need To Pay $44 Million
The social media company also broke the terms of the agreement, he claimed by changing the normal way it does business. This is a reference to the recent round of layoffs at his company. Musk had to pay $1 million if he backed out of the original agreement.
Twitter, however, wants Musk to stick to the original $44 Million deal and disputing his reasons for leaving the deal. Twitter’s board chair, Bret Taylor, said, “We are confident we will prevail in the Delaware Court of Chancery.” It’s unknown who will win in the legal battle but, based on Musk’s business tenacity and unwillingness to lose, it looks like this legal battle will not be easily settled.
