Elon Musk ruffled a lot of feathers with his bid to buy Twitter.
After months of speculation, the deal appears to be dead.
But Twitter is taking revenge on Musk with an insane tactic.
Elon Musk set the Big Tech world on fire when he offered to buy Twitter and turn it back into a platform that upholds free speech.
Musk offered to buy the company for $44 billion, which drove Democrats insane.
They know Twitter is biased in their favor, and they want it to stay that way.
The deal began to fall apart when Musk wanted clarity on the number of fake accounts that existed on the platform.
Twitter claimed that the number of fake accounts was roughly 5% of the user base, but Musk estimated the number could be as high as 20%.
The deal eventually collapsed, and Twitter is suing Musk for damages.
Now, Twitter is subpoeaning Musk’s Big Tech friends in some attempt to gather information for the lawsuit.
The Washington Post reported that “Twitter is probing associates of Elon Musk and seeking other information in far-reaching legal requests about his $44 billion deal to acquire the social media company, according to legal documents obtained by The Washington Post. In a subpoena Twitter issued on Monday, its legal team asked for information about a who’s who of Silicon Valley elite, including investors Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis and Keith Rabois, among others. Some of the figures have not been previously named as having any involvement in the deal, suggesting the breadth of Twitter’s search for information to support its legal attempt to force Musk to go through with his deal to buy the company.”
Joe Lonsdale, an investor who was also subpoenaed, called the maneuver a “giant harassing fishing expedition.”
I have nothing to do with this aside from a few snarky comments, but got a "YOU ARE HEREBY COMMANDED" document notice.
— Joe Lonsdale (@JTLonsdale) August 1, 2022
Sacks had a similarly dismissive response to the suit.
— David Sacks (@DavidSacks) August 2, 2022
Some have speculated that Musk never actually intended to buy Twitter but that he simply needed a way to liquidate Tesla stock without triggering a mass sell-off due to panic.
If true, it was a cunning ploy by Musk.
He was able to sell off $8.5 billion worth of Tesla stock and the company did not suffer.
Musk could be on the hook for the $1 billion termination fee, but some legal analysts have argued that he may not even have to pay that.
If for some reason, Musk were forced to consummate the Twitter deal, he would take ownership of the Left’s favorite plaything.
Either way, Musk appears to have played his hand well.
Stay tuned to Unmuzzled News for any updates to this ongoing story.