Elon Musk’s bid to purchase Twitter set off spasms of rage across the American Left.
Leftists were furious about losing their monopoly on the ability to censor speech online.
But then Elon Musk made one huge announcement that had all hell breaking loose.
When Elon Musk agreed to purchase Twitter for $44 billion, he said the deal was contingent on the accuracy of the company’s claim that just five percent of the accounts on the site were spam bots.
Musk claimed his own survey of Twitter’s audience found as much as 20 percent of accounts on the platform were actually inauthentic spam.
That led to Musk’s lawyer, Mike Ringler, dispatching a letter to Twitter saying Musk may pull out of the agreement to purchase the site over the company allegedly misleading him on the number of spam accounts.
“Mr. Musk is not required to explain his rationale for requesting the data, nor submit to the new conditions the company has attempted to impose on his contractual right to the requested data,” Ringler’s letter read.
“At this point, Mr. Musk believes Twitter is transparently refusing to comply with its obligations under the merger agreement,” Ringler continued.
Ringler stated that Musk “believes the company is actively resisting and thwarting his information rights (and the company’s corresponding obligations) under the merger agreement.”
“This is a clear material breach of Twitter’s obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement,” Ringler declared.
When Musk announced his intentions to purchase Twitter, the Left melted down.
That’s because Musk’s stated goal in buying the platform was to roll back the censorship leftists – especially those in the corporate-controlled media – demanded the site impose on users in order to suppress ideas that made them look bad.
The tipping point for Musk was Twitter censoring the Christian satire site, The Babylon Bee, over a tweet awarding a biological male in the Biden administration who claims he is a woman their man of the year award.
But now the deal is in question.
Musk may still be obligated to go through with the purchase of Twitter, as the due diligence period has passed.
But it would be a tremendous blow to the cause of free speech if the deal collapses.
Renewed Right will keep you up-to-date on any new developments in this ongoing story.