Elon Musk Subpoenas Jack Dorsey as Twitter Buyout Battle Escalates

The battle of billionaires escalated on Monday, after Elon Musk subpoenaed co-founder and former Twitter CEO Jack Dorsey as the social media company looks to make the Tesla CEO go through with his proposed $44 billion buyout.

In preparation for the Twitter versus Elon Musk October 17 trial date at the Delaware Court of Chancery, the Tesla founder’s legal team filed a notice of subpoena on Monday to Dorsey, in an effort to acquire additional evidence related to Twitter’s measurements of spam and bot accounts. Musk was slapped with a lawsuit after he broke off his planned acquisition of Twitter, instead disputing that the social media company was not transparent about the number of fake accounts proliferating on the platform.

Dorsey has allegedly been a proponent of Musk’s Twitter buyout, even tweeting back in April that if anyone was to acquire Twitter, “Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.” According to Musk’s latest argument, the social media company is withholding the names of employees specifically tasked with evaluating the fake bot statistics.

Information for this briefing was found via Bloomberg. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Elon Musk Reportedly Fires Twitter Engineer For Saying His Popularity Is Declining

Elon Musk, obsessed with how his Twitter engagement rate has plummeted, reportedly fired an engineer...

Friday, February 10, 2023, 10:21:00 AM

Multiple Lawsuits Challenge The Constitutionality of Elon Musk’s DOGE Power

Sweeping sets of lawsuits seek to halt what they call an “unconstitutional abuse of power”...

Tuesday, February 18, 2025, 03:26:00 PM

False Alarm: Elon Musk Denies SpaceX Starlink IPO Claims

Elon Musk refuted recent claims that SpaceX, his aerospace company, is in discussions regarding an...

Thursday, November 16, 2023, 10:58:00 AM

Dorsey’s Block Finishes Design of 3nm Bitcoin Mining Chip, Eyes Full Systems

Digital payments firm Block (NYSE: SQ), co-founded by Jack Dorsey, announced on Tuesday that it...

Wednesday, April 24, 2024, 02:52:00 PM

Pyramid Meme: Elon Musk Is Being Sued For US$258 Billion For Pushing Dogecoin

It may sound like a premise to a joke but there’s a possibility that a...

Friday, June 17, 2022, 02:33:00 PM