Billionaire Elon Musk has averted a drawn-out trial with social media giant Twitter after reportedly filing a letter of his intention to follow through on his purchase of the company.

Musk, who had in April announced his plans to take over the Social Media platform at $54.20 up from its original $49.00 trading price before the announcement, in a US $44 Billion dollars buy out.

However, in the months which followed the controversial move was also marred with pushbacks and claims of internal disruption, over possible changes to privacy policies, Musk signalled he wanted to withdraw his offer.

Twitter in response, filed a lawsuit against Musk which sought to prevent the Tesla and Space X CEO from reneging on his offer.

The trial was reportedly scheduled to set for an October date, however, it’s understood that Musk’s legal submitted a letter to the courts this week, which signaled his intention to follow through on the purchase at it’s his original offer.

Given the change of heart by Musk, his pre-trial deposition which was set for next week; by extension, the trial on a whole would now be unnecessary, pending the finalization of the sale.