Musk refused to settle. And chose to defend the lawsuit in court.
The Chancery Court’s decision last year culminated in a heated court appearance where Musk vehemently defended the deal and clashed with the plaintiffs’ attorneys.
Musk’s win in the SolarCity acquisition lawsuit underscores the Delaware Supreme Court’s endorsement of the fairness of the deal. The ruling reaffirms the billionaire’s strategic vision for the company’s future.
The Walrus
In a separate unrelated development, Elon Musk recently engaged in a playful exchange with Mark Zuckerberg the founder and CEO of Meta and Instagram.
The two had an extended conversation on Twitter and Instagram.
The tech billionaires seemingly agreed to a tongue-in-cheek “cage match” face-off, which sparked considerable attention on social media. He then joked about his superior fighting skills and workout routines.
“I have this great move that I call ‘The Walrus’, where I just lie on top of my opponent and do nothing,” Musk added.