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In pre-market trading, Twitter shares fell further, down 2 percent.

Company said in a statement On Tuesday, it accompanied a regulatory filing stating that it “committed to completing the transaction as soon as possible at the agreed price and terms.” In filingExplaining the background and rationale for the deal, Twitter said, “If the merger is not completed, and depending on the circumstances that led to the merger incomplete, the price of our common stock could drop significantly.”

Mr. Musk, who also leads electric car maker Tesla and rocket company SpaceX, has caused confusion about the status of the deal. Last Friday, he tweeted that he bought Twitter. “temporarily on hold” until we get more details on the volume of spam and fake accounts on the platform. He then followed up saying that he still is.loyalty“to the deal.

Twitter executives became the target of Mr. Musk.

Open MondayParag Agrawal, CEO of Twitter, released a long message. thread detailing how the company calculates the number of bots. He said the company shared “an overview of the forecasting process with Elon a week ago.” Mr. Musk responded to the thread with a poop emoji.

Last month, Mr. Musk went after him. Twitter’s best lawyer the person who oversees the platform’s content moderation policies. Supporters of Mr. Musk followed his lead by posting a flood of abuses on the company executive.

Mr Musk did not immediately respond to a request for comment. Twitter declined to comment.

Tech company shares have taken a hit since Mr Musk first announced his acquisition of Twitter earlier this month. Shares of Tesla, Mr. Musk’s main source of wealth, lost nearly 30 percent of its value.

Renegotiating a deal it wouldn’t be easy. In addition to the $1 billion separation fee, Mr. Musk’s deal with Twitter includes a “certain performance clause” that gives the company the right to sue him and force him to complete the deal as long as debt financing remains intact. .

But Mr. Musk has also created very general headaches for Twitter. weekend, it tweeted out He said Twitter’s legal department “called to complain” that he had violated a non-disclosure agreement, which discussed the bot sample size of 100. Mr. Musk’s agreement with Twitter also includes a non-humiliation clause that prohibits him from tweeting negatively about the transaction.

The two sides continued as if there was an agreement so far. Teams from both sides held a pre-scheduled meeting on Friday. (Twitter confirmed that the meeting was “part of the action planning process”.) On Friday, Twitter’s chairman, Bret Taylor, tweeted: “We remain committed to our agreement.”

Mike Isaac contributing reporting.