Date uploaded: 2022-07-12 23:18:25

Twitter filed a lawsuit Tuesday against Elon Musk after the billionaire backed out of a $44 billion agreement to buy the embattled social media company. Musk agreed in April to buy Twitter but he filed papers Friday with the SEC to walk away from the acquisition agreement. Now, a Delaware court could determine whether he has to buy the company that's seen both its stock and reputation plummet. In its lawsuit, Twitter argues that Musk signed a binding agreement to a deal and he can't simply abandon it. In classic Musk fashion, he responded to Twitter's lawsuit with a tweet saying "Oh the irony lol." Read the full story at the link in our bio.