Twitter Hits Back at Musk, Suing to Force His $44 Billion Buyout

Twitter Inc. sued Elon Musk over his abandoned $44 billion takeover bid, accusing the billionaire of having buyer’s remorse after his fortune declined.

Lawyers for Twitter told a Delaware judge that the world’s richest man should be forced to honor his agreement to pay $54.20 a share for the San Francisco-based social-media platform. Musk abandoned the deal Friday, citing in part concerns about the number of fake accounts among users.

The filing sets up what will be a closely watched court battle between Musk and Twitter, a communications tool that the billionaire favors but where his missives have previously gotten him in legal trouble. The lawsuit hit back at a number of Musk’s claims, saying that it “has bent over backwards” to provide Musk with the information he’s requested.