By Oyintari Ben
According to a court filing from the social media business, billionaire entrepreneur Elon Musk is being investigated by US federal authorities for his management of a $44 billion agreement to acquire Twitter Inc.
Musk was the subject of an investigation, according to a court document from Twitter Inc. that was made public on Thursday. However, the document did not specify the precise nature of the inquiry or the government agencies involved.
The CEO of Tesla Inc.’s lawyers cited “investigative privilege” in their refusal to turn up papers that the company had requested as part of their legal case, according to Twitter, which sued Musk in July to compel him to finish the $44 billion bid to acquire the social media firm.
The court filing, which asked Delaware judge Kathaleen McCormick to order Musk’s lawyers to turn over the withheld documents, was submitted on October 6 — the same day McCormick halted the two sides’ legal battle after Musk changed his mind and declared he would move forward with the acquisition of Twitter.
Musk has until October 28 to complete the transaction, according to McCormick. November will be the trial date if the agreement is not finalized before then.
On Wednesday, Musk said that he had raised $1 million in just a few days towards his purchase of Twitter by selling $1 million worth of a new perfume he had created called “Burnt Hair.”
On Twitter, where he has roughly 109 million followers, he added, “Please buy my perfume, so I can buy it.” He asserted that 20,000 bottles of the fragrance had been sold.
Why did I even resist it for so long? With a name like mine, getting into the fragrance business was inevitable. He wrote.
A ruby red bottle with the motto “The Essence of Repugnant Desire” is displayed in a link to the product’s sales page, while Musk’s Twitter bio now refers to him as a “Perfume Salesman.”
The first quarter of 2023 will see the start of shipping for each bottle, which has a $100 suggested retail price.
