How Delay in Twitter Trial Could Benefit Elon Musk

How Delay in Twitter Trial Could Benefit Elon Musk
A sign is posted on the exterior of Twitter headquarters in San Francisco on April 27, 2022. Justin Sullivan/Getty Images
Benzinga
Updated:

Delaware Chancery Court Judge Kathaleen McCormick on Thursday stayed the legal battle between Elon Musk and Twitter Inc. until Oct. 28 to allow the two parties to close the deal.

Delving on the development, Future Fund analyst Gary Black suggested the deferral was to Musk’s advantage. The postponement of the trial date gives Musk more time to get the financing together, Black said.