Elon Musk backs off and decides to push through the buying deal on Twitter

October 4, 2022

photo released, Reuters

Billionaire Elon Musk has once again changed his mind about buying Twitter and is now ready to proceed with the acquisition of the social media platform.

In a letter to the company, Musk agreed to pay the price he had offered months earlier before trying to back out of the deal.

The sudden decision comes just two weeks before the two sides go to court.

Twitter, which is suing Musk to force him to complete the acquisition, is seen as the strongest party in the case.