The battle over the future of Twitter is heating up.
Everything may not be as it seems.
Now a judge made one prediction about Elon Musk that left jaws on the floor.
The future of Twitter is headed to a court in Delaware after Elon Musk backed out of his deal to buy the company.
Twitter is suing Musk in an attempt to force him to fork over the $44 billion he agreed to pay for the company.
Musk walked away from the deal after he alleged that Twitter didn’t hand over enough information on spam accounts obscuring the real value of the company.
Twitter had been hesitant to hand over their user data after years of suspicion about massive numbers of spam accounts on the platform.
There could be more than meets than eye with Musk’s move to walk away from the deal.
On The Five, Judge Jeanine Pirro made the bold prediction that Musk will buy Twitter for “a lot less” than his initial offer.
“I don’t know who has the upper hand here,” Pirro said. “We have heard for a long time that Twitter has failed to respond to repeated requests for information about the number of bots. They say 5%, Elon Musk thinks it’s more than that.”
“In addition to that, apparently Twitter is taking actions that they shouldn’t be taking by firing people that they needed Elon Musk’s consent to actually fire,” Pirro continued. “In addition, he relied, that’s Elon Musk, relied, to his detriment, on their promise that there were only 5% of the company was bots.”
“So I don’t think Twitter is in a really strong position, so then the question is, people are saying ‘Elon Musk could go to jail.’ Someone said that on one of the business channels,” Pirro explained.
CNBC host David Faber suggested that Musk could end up in jail if a judge forces him to buy the company but he still declines.
“They are saying contempt of court if he does not follow the judge’s call, but then the question is, the bigger issue is— I know — can they be forced to actually make Elon Musk buy the company if he doesn’t want to?” Pirro wondered.
“So what’s going to happen is there’s going to be a negotiation, and I think Elon Musk will end up buying it, unless he’s lost interest in it, and he’s going to buy it for a lot less than what he offered,” Pirro concluded.
The legal process could force Twitter’s hand to provide the real number of spam accounts on the platform.
If that number is inflated as suspected, it could tip the scales in Musk’s favor bringing down the price of the company.
By suing Musk, the leadership of Twitter may have played into his hands.
Stay tuned to Unmuzzled News for any updates to this ongoing story.