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AP-National-Business

EXPLAINER: What happens next in the Musk-Twitter saga?

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Published 1:39 pm

By BARBARA ORTUTAY
AP Technology Reporter

Elon Musk and Twitter are bracing for a legal fight after the billionaire said Friday he was abandoning his $44 billion bid for the social media company. Twitter is vowing to challenge Musk in court to uphold the agreement. Shares of Twitter slid about 10% on Monday. There are many questions left for Twitter users, investors and others to mull — including why Musk backed out and whether Twitter can legally force him in court to go through with the deal he signed.

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