Elon Musk changes course again...wants to continue with Twitter purchase (updated)

Elon Musk's potential purchase of Twitter is now up and running...again. Musk wants to abandon his legal battle with the social media platform and continue with the original offering to be done with this messy back and forth legal battle. The team for Twitter announced they received a letter filed with the SEC detailing the intention of closing the Twitter sale at $54.20 per share.

This retraction from Musk and eagerness to continue with the original deal may be in part to prevent going to trial October 17 of this year in Delaware Chancery Court for not adhering to the contractual obligations. The lawsuit presented to Musk is seeking to force him to go through with the deal he previously dropped out of amid being dissatisfied with the agreement. Musk believed that there was a discrepancy in the number of actual users on the platform and from that point up until now, no finalized deal ever materialized. The numbers and details on the actual users, no bots, and deactivated accounts were not able to be confirmed. All of this info held up the sale of the social media platform and Elon has twice unsuccessfully attempted to postpone the trial. Elon has not able to get a true confirmation of what the platform entails according to the Twitter accounts, but there will most likely not be anything new that unearths anything worth suspending this fiasco even more. We will see if both sides come to finalize what we all have been expecting for the quite some time. Elon Musk still wants Twitter, and Twitter wants Elon to complete this transaction. Don't expect Twitter to remove the lawsuit until he fulfills on his promises and then Elon can move forward onto special project X.