FACT CHECK: Elon Musk Waived Due Diligence in his Agreement to Buy Twitter (FALSE)

The billionaire merely waived his discretionary right to terminate the deal on the basis of due diligence - not the due diligence process itself. [UPDATE AT BOTTOM]

Elon Musk did NOT waive due diligence when he agreed to buy Twitter. In fact, the Merger Agreement lays out a six-month period in which Twitter would have the obligation to provide Elon with any information he and/or his lenders might need to determine if the information the company has represented and warranted was true and accurate. For example, in th…