Analysis

Musk's Twitter Jitters Could Spark $1B Breakup Battle

By Hannah Albarazi (May 13, 2022, 10:16 PM EDT) -- Elon Musk's decision to put his $44 billion purchase of Twitter on ice may merely be a negotiating tactic, but it could prompt the social media platform to sue the Tesla CEO to collect a $1 billion breakup fee or force him to make good on his offer.

Elon Musk's decision to put his takeover of Twitter on hold could prompt the platform to take legal action, experts say. (AP Photo/Gregory Bull) Legal experts say Musk is opening himself up to a lawsuit from Twitter's board of directors that he isn't likely to win with his argument that Twitter downplayed its...

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