Elon Musk admits X 'may fail, as so many have predicted'
Elon Musk admits X 'may fail, as so many have predicted'
Elon Musk said Saturday "sad truth is that there are no great 'social networks' right now."
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Best part was he tried to chicken out of his own deal but the feds obv wouldn't allow him back off on his very own proposal to buy Twitter in the first place!
the feds
Delaware Court.
Contract law is weird.
Not really. He entered into a binding contract and agreed to bypass due diligence.
That wasn't even offered by Twitter, he just agreed without any prompting.
Yes yes yes. But that binding contract was in Delaware. Because contract law is weird.
In practice, most business contracts are enforced by the state of Delaware, not the federal government nor any national-level court. Yes, its a state-level court.
Side fact. Delaware's has more registered companies then people