Elon Musk mocks Twitter Inc’s threat to sue him amid his move to abandon the $44 billion takeover deal!
Telsa’s CEO reacted with a series of memes to Twitter’s threat to sue him in a bid to force him to buy the social media platform for $44 billion, sharing a meme featuring images of himself laughing, along with captions that marked several key developments in his buyout bid saga.
The series of tweets on Monday was Musk’s first public response since he made public his intention to ditch the deal on Friday.
— Elon Musk (@elonmusk) July 11, 2022
On Monday, Twitter shares fell about 5 percent to $34.85 in premarket trading.
On Friday, the stock closed at $36.81, a 32 percent discount to SpaceX founder Elon Musk’s $54.20 bid, as it faces a double whammy of a slump in the broader equity market and investor skepticism over the deal.
Following Musk’s backing off from the deal, Twitter is reported to be planning to sue Musk as early as this week and force him to complete the acquisition.
The memes tweeted by the world’s richest man have left the Twitter timeline in a tizzy:
Troll level +9000 https://t.co/xk5AkglSs8
— Kron (@Kr0nykal) July 11, 2022
Elon 4D Chess or Cope?
Considering the success he's had in his life I'm going to lean towards this is part of his plan but I remain skeptical
Lets see how it plays out https://t.co/arSxqEBZZW
— Tim Pool 🇺🇸 (@Timcast) July 11, 2022
– You signed a contract for you to buy Twitter at a random high price ending in 4.20 because of immaturity
– You waived due diligence
– Your net worth plunged, now you can’t afford it
– They are going to win huge damages in court (your contractual quit fee was $1B) https://t.co/bq4TmSjdAc
— Arlen Parsa (@arlenparsa) July 11, 2022
— Bill Browder (@Billbrowder) July 11, 2022
— Jazziette Devereaux 💎 (@Jazziette) July 11, 2022