News about Elon Musk always seems to come in threes. First, it was the secret twins he had with his employee, now it's about him backpedaling on his Twitter deal, next it will surely be something else equally wild.
But back to the matter at hand, yes, Elon Musk has officially backed out of his Twitter buyout and is facing all the repercussions that come with, from online jokes to lawsuits.