excitement He sued billionaire Elon Musk on Tuesday to force him to buy the company in a U.S. court specializing in trade disputes after he announced his intention to break the deal last week.

The tech company filed a lawsuit in Delaware Chancery Court on Friday, July 8, for Musk’s threats to the stock market regulator when he said he wanted to cancel the nearly $44,000 million purchase agreed in April due to alleged breach of contract. .

According to the complaint reviewed by Efe, Twitter accuses Musk of “criticizing the company, altering its operations, destroying shareholder value” and a long list of contract violations that have tarnished his business, and wants him compelled to comply. agreement.

Musk told the Securities Market Commission (SEC) on Friday that he canceled the Twitter acquisition, arguing that the tech company provided him with “false and misleading” information during the negotiation and failed to provide him with the data he deemed necessary. close the process.

These mainly refer to the number of fake or spam accounts (“bots”) on the social network and make up less than 5% of the total, according to the Twitter account, a figure that the world’s richest man began questioning almost immediately. To announce the purchase in April.

Elon Musk, “model of hypocrisy”

The tech company said on Tuesday that the acquisition of Twitter no longer serves Elon Musk’s “self-interest”, viewing his exit strategy as a “model of hypocrisy” and accusing him of acting in “bad faith”, exposing months of disagreements. has responded to the employer’s demands.

“Since signing the buyout, Musk has repeatedly disqualified Twitter and the deal, creating business risk for Twitter and putting downward pressure on the share price,” the company said in the complaint, claiming it suffered “irreparable damage.”

The company also underlines that the businessman is trying to pass this burden on to his shareholders, instead of assuming the “cost of the decline” in the financial market in recent months “as per the agreement”. “contempt” according to the document.

For many analysts, the topic of “bots” is Musk’s excuse to step back from an operation that seems increasingly disruptive: Twitter is already trading below $35 per share, far more than $54.20 per share. Musk agreed to pay for it.

Tesla, the businessman’s “anchor of wealth” in the words of the complainant, has lost about a third of its capital since the start of the year.