Musk, who is the CEO of electric vehicle maker of Tesla, has previously stated he was threatening to walk away from the $44 billion deal to buy Twitter after raising concerns about the number of fake accounts on the platform.
Musk has stopped in funding discussions that would see him pay $54.20 per share to acquire Twitter.
He has now confirmed with a form to SEC to cancel the deal.
Elon Musk terminates Twitter bid
7/8/2022