Elon Musk tells Twitter he’s terminating deal to buy social media giant | #socialmedia

Elon Musk has informed Twitter that he’s terminating a deal that was signed to buy the social media giant. 

A law firm representing the Tesla CEO sent a letter to Twitter on Friday, alleging that they appear “to have made false and misleading representations” when he agreed to buy the company on April 25.

Elon Musk attends The Metropolitan Museum of Art’s Costume Institute benefit gala celebrating the opening of the “In America: An Anthology of Fashion” exhibition on May 2 in New York. On Monday, SpaceX President and COO Gwynne Shotwell defended Musk (Photo by Evan Agostini/Invision/AP / AP Newsroom)

This is a developing story. Check back for more details.

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