Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, he would get a $44 billion deal to buy the company on its original terms.
If their SEC filings are materially false, then it should not, Musk tweeted on Saturday.
In response to a Twitter user asking whether the US SEC was probing dubious claims made by the company, Musk said Good question, why aren't they? When contacted by the Reuters, Twitter didn't want to comment on the tweet.
According to Musk, he was hoodwinked by Twitter into signing the deal to buy the social media company and was advised by Wall Street bankers and lawyers to sign a $44 billion merger agreement. The filing released by Twitter on Thursday said that the story is as implausible and contrary to reality as it sounds.
Musk filed a counter suit on July 29 and escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase.