London Daily

Focus on the big picture.
Monday, Jul 13, 2026

Elon Musk's friends say Twitter targeting them in 'giant harassing fishing expedition'

Elon Musk's friends say Twitter targeting them in 'giant harassing fishing expedition'

The social media company suspects "that behind the scenes" Elon Musk has "been conspiring to blow the whole thing up," according to one expert's analysis.

Twitter is sending dozens of subpoenas to Elon Musk's associates and financial partners as part of its lawsuit against the billionaire for backing out of his deal to acquire the company.

A US judge has granted Twitter a fast-track five-day trial set to start on 17 October after the billionaire said he was rescinding his $44bn (£36.6bn) bid for the social media company on 8 July.

Twitter was pushing for the court case to be heard in September because it said the ongoing dispute was hurting its business.

Its shares were trading as low as $32.65 on 11 July, well below the $54.20 that Mr Musk had offered to pay for the company back in April.

Chancellor Kathaleen St Jude McCormick, the head judge of Delaware's Court of Chancery, said: "Delay threatens irreparable harm. The longer the delay, the greater the risk."

Mr Musk's team had sought to put off the trial until early next year because of how complex the case is.

His representatives accused Twitter of being in breach of the terms of the acquisition agreement, in particular that they failed to allow him to "make an independent assessment of the prevalence of fake or spam accounts".

Joe Lonsdale, a co-founder of Palantir Technologies, tweeted that he was among those who had received a subpoena, and described the requests as a "giant harassing fishing expedition".


"It's attempted sabotage"


Court filings reveal that the social media company has sent subpoenas to global banks and others involved in the financing of the deal.

Twitters suspects "that behind the scenes he's been conspiring to blow the whole thing up", Professor Minor Myers, at UConn School of Law, told Reuters.

"It's attempted sabotage. He's doing his best to run Twitter down," said William Savitt, a lawyer for the social media company.

The tycoon claims the firm failed to provide him with enough information concerning the number of fake - spam bot - Twitter accounts.

And he says it breached its obligations by sacking top managers and laying off a significant number of workers.

Musk's team expects more information about the bot numbers to come out in the trial court discovery process, when both sides must hand over evidence.


'Musk trying to wriggle out of deal'


Twitter argues Musk is trying to back out because he agreed to pay 38% above Twitter's stock price just before the stock market fell.

And shares of electric carmaker Tesla, where most of his personal wealth is, lost more than $100bn of their value.

"He's banking on wriggling out of the deal he signed," Mr Savitt said.

But Musk's lawyer Andrew Rossman claims it is "preposterous" to suggest the Tesla chief executive is attempting to damage Twitter.

He said the businessman "has no interest in damaging the company".

Newsletter

Related Articles

0:00
0:00
Close
United Kingdom Financial Markets Monitor Business Response to Economic Policy Changes
Scottish Renewable Energy Expansion Highlights Need for Faster Grid Development
Wales and Regions Strengthen Focus on Economic Development Through Tourism and Investment
Retail Industry Warns High Street Businesses Remain Under Pressure
Police Chiefs Highlight Growing Challenges Managing Protests and Public Order
Agriculture Leaders Seek Clarity on Post-Brexit Farming Support and Environmental Rules
Transport Unions Warn of Further Industrial Action Over Pay and Working Conditions
Welsh Tourism Sector Reports Strong Growth Driven by Domestic and International Visitors
National Infrastructure Review Gains Support as Leaders Seek Faster Project Delivery
Financial Markets Assess Impact of United Kingdom Corporate Tax Policy Changes
Northern Ireland Assembly Debates Cross-Border Trade and Infrastructure Cooperation Plans
Government Opens Consultations on Housing Reform and Planning System Changes
Scottish Government Faces Pressure to Accelerate Offshore Wind and Grid Expansion
National Energy System Operator Warns Grid Investment Is Needed for Future Electricity Demand Growth
United Kingdom Research Council Invests in Artificial Intelligence and Biotechnology Innovation Hubs
United Kingdom Expands Oversight of Skilled Worker Visa Sponsors Amid Migration Debate
Cross-Party MPs Call for National Infrastructure Strategy Review to Accelerate Economic Growth
Prime Minister Announces One Billion Pound NHS Funding Package Ahead of Winter Pressures
Bank of England Signals Cautious Approach to Interest Rates as Inflation Remains Above Forecasts
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
Innovation-led growth strategy
Public service reform pressure
Defence and industrial security
Labour leadership transition and economic reset
Northern England Pushes for Greater Influence in Britain’s Future Economic Model
UK Technology Strategy Focuses on Life Sciences, Digital Innovation and Research Investment
Britain and United States Maintain Focus on Pharmaceuticals Cooperation and Industrial Growth
UK Public Services Face Continued Pressure as Government Promises Visible Improvements
Regional Economic Power Becomes Key Theme in Britain’s Next Political Phase
Britain Expands Support for Small Businesses as Firms Seek Better Access to Finance
UK Economy Remains Central Political Challenge as Cost of Living and Growth Concerns Persist
National Health Service Introduces New Workplace Reviews to Improve Conditions for Healthcare Staff
UK Life Sciences Sector Secures More Than Three Billion Pounds in Investment to Support Innovation
Britain Strengthens Defence Strategy as Security Concerns Reshape Military and Industrial Policy
Andy Burnham Promises Stronger UK Defence Industry and Expanded Domestic Production
UK Government Faces Difficult Spending Choices as Labour Leadership Transition Approaches
Rachel Reeves Warns Andy Burnham of Immediate Economic Challenges After Expected Leadership Change
Andy Burnham Prepares to Lead UK Government With Plans for Regional Power Shift and Economic Reset
Government Creates Emergency Support Scheme for Financially Struggling Universities
United Kingdom Replaces Traditional Farm Subsidies With Payments Linked to Environmental Performance
National Grid Reports First Week of Electricity Generation Without Fossil Fuels
United Kingdom Financial Regulator Introduces Tougher Capital Rules for Cryptocurrency Exchanges
Belfast Harbour Expands Operations to Attract Investment Through United Kingdom and European Union Market Access
Scottish Government Threatens Legal Challenge Over Westminster Cuts to North Sea Transition Funding
United Kingdom Accelerates Trans-Pennine High-Speed Rail Project Linking Northern Cities
United Kingdom Secures Ten Billion Pound Investment for Cambridge Quantum Computing Campus
Port Talbot Steelworks Wins Support for Green Hydrogen Transition and Protection of Industrial Jobs
United Kingdom Sends Royal Navy Carrier Strike Group to Indo-Pacific as Regional Security Focus Expands
×