A businessman has the opportunity to reduce the cost of buying a platform.
Elon Musk decided to go to court because he does not intend to let the situation with Twitter take its course. The billionaire found a way to lower the price of the platform and possibly strike a deal on favorable terms for himself.
The businessman is preparing a counterclaim against the social network, which is trying to complete a $44 billion deal through the courts. Musk’s representatives ask the judge to give them time to collect data about fake accounts.
According to journalists, these lawsuits will play into the billionaire’s hands, as the value of Twitter stock could fall during all that time. The entrepreneur has a chance to lower the price of the social network, according to the New York Post.
A week ago, Twitter announced that it had sued Elon Musk. The reason was the businessman’s refusal to acquire the platform.
Photo source: Legion-Media
Author: Valeria Martynovich
Source: Popcorn News
Elizabeth Cabrera is an author and journalist who writes for The Fashion Vibes. With a talent for staying up-to-date on the latest news and trends, Elizabeth is dedicated to delivering informative and engaging articles that keep readers informed on the latest developments.
