I still believe Musk never had real intentions to buy Twitter. It was juts to make the buzz, like he likes to do, about everything, and show how all mighty he is.

Musk has pulled out. Twitter threatens lawsuit.

Time will tell.

Did Twitter really have only <5% bots or the >20% Musk and many others have speculated?

Either way, Twitter is damaged as an ad platform henceforth. There are serious questions for advertisers in the future as to the actual eyeballs and real users. The opportunity to prove real users has just passed.

Twitter is damaged as an ad platform henceforth.

May be that was the goal, since the beginning... If had his resources and power, and a site would piss me off, I would do the same :)

There's other aspects that are not being talked about:

1. No matter what, Musk is the current largest shareholder of T with 9%+
2. When the offer was made T shares were $54. T shares are now <$35
3. T's failure to comply with contract terms and information re: Users v bots
4. Toxic workspace
5. Inflation and likely shrinking revenues will result in future layoffs

Even if T sues and wins $1B as part of the exit clause that won't keep the company afloat very long. I seriously doubt T can force Musk to buy the company at the original offer. The once possible "parity or profit" at Sale is gone. A bunch of shareholders will be disappointed the company dithered and obfuscated, tanking the deal. A few of them are going to get soaked.