Shannon Bond. Elon Musk wants out of the Twitter deal. It could end up costing at least $1 billion. NPR, July 2022. URL: https://www.npr.org/2022/07/08/1110539504/twitter-elon-musk-deal-jeopardy (visited on 2023-11-24).
Elon Musk entered a merger agreement with Twitter's board that said that if he tried to back out of buying Twitter, he could be liable for up to a billion dollars. But despite this, he's potentially setting himself up to back out of the deal, citing Twitter's bot presence being too high (which Twitter denies).