Takeover of Twitter by Elon Musk: the multi-billionaire accuses Twitter of having misled him, the network denies

But on Friday, the richest man in the world counterattacked with a complaint “confidential“.”It’s an attempt to escape a contract that Musk hasn’t found attractive since the stock market went down.“, assert the lawyers of the social network. Elon Musk approached Twitter in April, then signed an agreement for 54.20 dollars per share. He terminated it unilaterally in early July, on the grounds that the San Francisco-based company allegedly he lied about the proportion of automated accounts and spam on his platform.

It’s an attempt to escape a contract that Musk hasn’t found attractive since the stock market went down.

According to the document filed by Twitter on Thursday, the Tesla boss accuses the board of directors of having concealed the true proportion of inauthentic accounts, which he says is around 10% of daily active users and exposed to advertising. Twitter estimates it to be less than 5%.

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