It’s on. Elon Musk has officially filed to kill his own Twitter acquisition (https://www.theverge.com/2022/7/8/23200961/elon-musk-files-back-out-twitter-deal-breach-of-contract), and Twitter is calling his bluff. They’ll see Musk in court. And while it’s only going to get messier from here, one important verdict has already been rendered by Elon Musk himself: he doesn’t have what it takes to run Twitter. And that’s a damning blow to his own central mythology.
We’ll look at the specifics of Musk’s formal SEC filing in a minute, but first it’s important to remember what he’s said about the deal and why he wanted to do it in the first place. It’s not like the world forced the acquisition of a relatively small social network on the world’s richest man. And Musk’s conduct surrounding the deal has been marked by a lot of obvious troll...
Continue reading… (https://www.theverge.com/2022/7/8/23201082/elon-musk-twitter-deal-is-over)
We’ll look at the specifics of Musk’s formal SEC filing in a minute, but first it’s important to remember what he’s said about the deal and why he wanted to do it in the first place. It’s not like the world forced the acquisition of a relatively small social network on the world’s richest man. And Musk’s conduct surrounding the deal has been marked by a lot of obvious troll...
Continue reading… (https://www.theverge.com/2022/7/8/23201082/elon-musk-twitter-deal-is-over)