Business Standard

Elon Musk's losses in Twitter court fight foreshadowed his surrender

Elon Musk dropped his bid to walk away from a $44 billion buyout of Twitter Inc. after losing a series of pre-trial rulings that may have foreshadowed difficulties in making his case in court.

Elon Musk. (Photo: Bloomberg)
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Elon Musk. (Photo: Bloomberg)

Jef Feeley | Bloomberg
Elon Musk dropped his bid to walk away from a $44 billion buyout of Twitter Inc. after losing a series of pre-trial rulings that may have foreshadowed difficulties in making his case in court. 
 
Musk, the world’s richest person, on Tuesday proposed carrying out his original plan to buy Twitter for $54.20 per share just days before he was scheduled to argue to a judge that executives of the social-media platform misled him about the number of spam and robot accounts embedded in the company’s more than 230-million user base. 

That decision may have been influenced by almost a half-dozen rulings

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