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Elon’s Secret Wall Street Pact

Pre-trial combat in the Delaware Court of Chancery is at an impasse over an arcane, and hilariously ironic, legal drama involving Musk and the Morgan Stanley bankers who secured his Twitter financing.

Elon Musk
Morgan Stanley is trying to protect documents related to Musk's stalled $44B Twitter deal. Photo: Mark Brake/Getty Images
Eriq Gardner
October 4, 2022

I may have to reconsider my opinion that the Delaware Court of Chancery—a high-cost legal arena that generates more billable hours and closed settlements than splashy headlines—is the place where journalism goes to die. Twitter v. Elon Musk is racing toward an Oct. 17 trial, and in the process both parties are dumping a treasure trove of documents into the public record. That includes a couple months of text messages showing how Musk once squinted at Sam Bankman-Fried as a potential partner and thirsted after Oprah Winfrey for a board seat. Where do I send The Honorable Kathaleen McCormick’s Pulitzer nomination?