May 23, 2022

Elon Musk risking breaking contract to buy Twitter with negative comments before closing

Billionaire Elon Musk rocked the tech world by purchasing Twitter earlier this week. However, what he’s doing now could put that deal in jeopardy.

Musk has publicly criticized Twitter though his contract expressly forbids him from speaking negatively about the social media platform before the sale closes, NBC News reported. It’s unknown if this could void the $44 billion deal, but there would be a $1 billion penalty to whichever party cancels it.

The filing stipulates Musk “shall be permitted to issue tweets about the merger,” though he must not “disparage the company or any of its representatives.” That hasn’t stopped the Tesla CEO from expressing negative opinions on the platform.

“Suspending the Twitter account of a major news organization for publishing a truthful story was obviously incredibly inappropriate,” Musk tweeted on April 26, just one day after the company announced its offer. He was speaking about Twitter’s October 2020 suspension of the New York Post’s account.

Just one month before the presidential election, the publication broke the bombshell story about information found on a laptop abandoned by Hunter Biden, son of then-candidate Joe Biden. Twitter not only suspended the account, but also actively suppressed the story.

Musk has expressed his desire to restore free speech on the platform with his purchase, much to the chagrin of leftists, Fox News reported.  This fact has sent liberal news outlets into a tailspin, ironically with warnings of potential election interference.

MSNBC’s “The Beat” host Ari Melber warned the sale could allow social media platforms to help or hinder political candidates. “Or you could just secretly turn down the reach of their stuff and turn up the reach of something else and the rest of us might not even find about it till after the election.”

Though it’s unclear whether Musk’s outspoken criticism of the platform will ultimately impact the final sale, it’s telling that the left is so afraid of him. Musk may not be the savior of the world as some have claimed, but at least he’s promised to restore freedom to one small corner of it.

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