Twitter lands first blow as Judge rules to fast track Elon Musk trial

Twitter Inc will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, a Delaware judge ruled on Tuesday.

The Judge found that the social media company deserved a quick resolution of the deal’s uncertainty.

Musk had pushed for a trial in February to allow for an extensive investigation into his claims that Twitter has misrepresented the number of fake or spam accounts.

Twitter had argued that delaying the trial into the next year could threaten deal financing.

Chancellor Kathaleen McCormick of the Court of Chancery in Delaware said on Tuesday that the company deserved a swift decision on its claims.

Twitter’s lawyer William Savitt argued during the hearing that Musk seized on the issue of bot and spam accounts because he was seeking to “conjure an exit ramp for a deal that doesn’t have one.”

Musk’s attorney pushed back on the notion that Musk was trying to harm Twitter, pointing out the billionaire held a larger stake than the combined holdings of the directors of Twitter.

Musk had argued an expedited trial would allow Twitter to hide the truth about spam accounts, which Musk began questioning after signing the deal for Twitter in late April.

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