Musk Faces Twitter-Bank Scrutiny of ‘Torpedoed’ Bid

RT : Twitter has sent out dozens of civil subpoenas to major banks, co-investors and Musk advisers in the last 2 days to dig deeper into the Tesla CEO’s collapsed $44 billion bid for the social media platform.

Experts have said the subpoenas want to uncover what was discussed between financial backers about Musk’s behavior after signing the acquisition papers in April.

Musk himself has launched his own civil subpoenas to a data analytics firm and content moderator to assess his suspicions that Twitter failed to reveal the true portion of its subscribers that are fake bot accounts - the key reason he cited for pulling the plug.

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