Elon Musk moves ahead with Twitter deal in 13D filing
There was some grim stuff happening in the Chancery case: multiple bits of evidence suggesting that Peiter Zatko had in fact been in touch with Musk's team, in advance of the "whistleblowing" release. The Chancery court had just come in with an order giving Twitter extended discovery rights to look for those communications.<p>If it did turn out that Zatko had been talking to Musk's team, that would be a very big deal, not only undercutting a big part of Musk's current case (which he was set to lose anyways) but also falsifying several statements made both to the Delaware court and also to Congress(?!).<p>I wonder also if the appearance, performative as it is, that Musk is choosing to buy Twitter rather than being forced to buy Twitter is helpful for financing. He's more or less obligated to purchase Twitter, but there's no rule preventing him from offsetting the expense with a syndicate of co-investors; that syndicate might be easier to put together if he can shift the narrative.