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Judge sets October date for Twitter lawsuit with Elon Musk

The Elon Musk vs Twitter (TWTR) trial will kick off this October.

Donovan Erskine

July 19, 2022 10:20 AM

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After an extended back and forth debacle, Elon Musk informed Twitter (TWTR) earlier this month that he’d be backing out of the agreed upon $44 million acquisition deal. However, it won’t be that simple. Twitter responded by stating it plans to take Musk to court, as the two sides had agreed to the deal, and Twitter would like to see it close. Now, we know exactly when the two parties will meet in court. A Judge has set an October start date to the Twitter vs Elon Musk trial.

Twitter filed its lawsuit against Elon Musk in the Delaware Court of Chancery, and that’s where a judge has determined the trial will begin in October of this year, as we learned through Reuters. While Elon Musk’s team was hoping for the trial to start in February, Twitter was seeking an earlier September start date. The October decision falls much closer to Twitter’s desired timeline, an early win for the social media company. The trial will take place over the course of five days, which also falls in the middle of the desired length by both parties.

It was a dispute over the bot and spam account data on Twitter that led Elon Musk to back out of the acquisition deal. Twitter’s failure to provide sufficient information on how it determined that bots only account for 5 percent of accounts was frequently cited by Musk as the holdup in the deal. When speaking to the judge, Twitter claimed that Musk’s blaming of the bot data was simply an excuse to get him out of the deal. They’re essentially arguing that the multi-billionaire got cold feet along the process and was looking for an out. Twitter hopes to hold Elon Musk to the agreement and force him to go through with the $44 billion acquisition of the company.

It’s certainly been a rollercoaster of news for the Twitter and Elon Musk saga, and things are far from over. With the trial set to take place this October, we can expect a lot of news to come out as the dispute is settled. For all of those future updates, you can count on Shacknews.

Donovan Erskine

News Editor

Donovan is a young journalist from Maryland, who likes to game. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge Scream nerd and film fanatic that will talk with you about movies and games all day. You can follow him on twitter @Donimals_