Mr Musk walked away from his $44bn bid to buy Twitter earlier in July, prompting the company to sue him and A US judge has ordered that Twitter’s lawsuit against Elon Musk go to trial in October. Twitter hopes that the court will order Mr Musk to complete the takeover at the agreed price of $54.20 per share. The lawsuit accused Mr Musk of a “long list” of violations ahead of the potential merger and argued that he had “cast a pall” over the company. Twitter’s reputation has already taken a huge hit. Twitter’s revenues are almost entirely based on ads. The fewer real people on the platform, the less money it can make. Bots don’t have wallets. Is Elon musk trying to hit down on price before buying?
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