As Musk backed out on his $44 billion deal, Twitter decided to make him follow through with his buy-out deal by taking the matter to court. Now, the trial is confirmed for October 17.
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Tesla CEO Elon Musk seeks more time to address Twitter's urgency for completing the acquisition. Musk's legal team issued a 14-page filing, asking for the trial to be delayed until next year.
After Elon Musk's announcement that he is terminating his $44 billion acquisition of Twitter, the latter's attorneys have filed a letter to the billionaire's lawyers, calling the decision "wrongful".