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The trial between Musk and Twitter continues, but an agreement could be reached

The trial between Musk and Twitter continues, but an agreement could be reached

However, Judge McCormick said the evidence is still not entirely clear at this point, so she will not rule on it until a post-trial briefing.

On Tuesday, Musk decided to bid, once again, to buy Twitter for $44 billion on the condition that the lawsuit with the company be suspended, but both sides must reach an agreement for that to happen.

Musk scores a partial victory

It is worth mentioning that the businessman was supposed to testify last week, but he avoided the process arguing a possible exposure to covid-19 and although his testimony was expected for this Thursday and Friday, the businessman will no longer testify.

The declaration was scheduled to begin this Thursday at 9:30 a.m. in Austin, Texas, but both the Financial Times and Bloomberg reported that the parties agreed to a delay as they work on a deal to buy the social network.

As reported by the Financial Times, negotiations are taking longer over concerns that the businessman could walk out of the deal if his $13 billion debt financing fails. Twitter wants “precise contract protections from the court to ensure Musk closes the deal,” the Journal said.



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