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2 years ago .Wilmington, DE, USA

Elon Musks Twitter deposition: What to expect

  • The deposition will take place next week from September 26 to 27 and might spill over to September 28
  • Twitter has accused Elon Musk of withdrawing from the deal because of economic concerns
  • People live David Sacks, Peter Thiel and Marc Andreessen have also been subpoenaed

Written by:Rwit
Published: September 21, 2022 08:11:31 Wilmington, DE, USA

Elon Musk is expected to give a deposition to Twitter under oath in Delaware, a Tuesday filing at the Chancery court in Wilmington revealed. 

The questioning for discovery of evidence is part of Twitter’s bid to prevent the tech billionaire from walking away from the $44 billion deal to buy the social media company that he had made back in April this year. 

The court filing revealed that the deposition would take place between September 26 and 27 but may stretch into September 28 if necessary

Also Read | Peiter Zatko’s Twitter whistleblowing timeline: What has transpired so far

It is likely that Twitter will ask Elon Musk about his reasons for pulling out of the deal in addition to trying to find out why the co-founder of SpaceX has been asking for inside data. Twitter has accused him of trying to set up a competitor using the data. 

Another possibility is that Twitter’s legal team might try to ascertain how much of the funding for the $44 billion deal had Musk managed to secure thus far. That line of questioning matches with Twitter’s accusation that Musk is bailing on the deal out of economic concerns.

Also Read | Disney nixed 2016 Twitter takeover plans because of bots, former CEO says

The world’s richest man, on the other hand, has repeatedly said that Twitter was not transparent about how bot and spam accounts were treated on the social media platform. In his countersuit, Musk has alleged that Twitter’s monetizable daily active users are about “65 million lower than what Twitter represents.” Twitter has denied these claims, calling Musk’s allegations “rhetoric-heavy” and “fact-free”.

Since August, the two sides have been exchanging a flurry of subpoenas with Twitter targeting some of the biggest names in Silicon Valley and Wall Street who have been associated with Elon Musk. In response, the tech billionaire has sent out subpoenas asking for information from senior Twitter executives like the former CEO Jack Dorsey. 

Several members of the Paypal Mafia have also been subpoenaed, including venture capitalists like David Sacks, Peter Thiel and Marc Andreessen. 

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