Twitter Assembles Legal Team to Sue Musk

Elon Musk has withdrawn from his $44 billion deal to acquire Twitter, citing concerns over bot data misrepresentation. Twitter plans to enforce the deal legally, hiring a prominent merger law firm. The legal battle is set to take place in Delaware, a key corporate hub. Musk's withdrawal has significant market implications, with Twitter's stock expected to drop. At the Sun Valley Conference, Musk avoided addressing the deal directly, focusing instead on future projects like Mars. The outcome of the legal battle could leave Twitter in a precarious position, either facing a stock freefall or being run by an unpredictable owner.

What actions did Twitter take in response to Elon Musk's regulatory filing?

How did Elon Musk respond to questions about the Twitter deal at the Sun Valley Conference?

What were the main reasons Elon Musk cited for walking away from the deal?

What potential consequences did Twitter face if it lost the lawsuit against Elon Musk?

What implications does the lawsuit have for the future of Twitter and its stock?