"According to Musk, he — the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers — was hoodwinked by Twitter into signing a $44 billion merger agreement. That story is as implausible and contrary to fact as it sounds," the filing released by Twitter on Thursday said.

Elon Musk made the claims in a countersuit filed under seal last Friday, which was made public on Thursday.

Musk also claims that "Twitter’s misrepresentations run far deeper than simply providing incorrect numbers" about its spam or false accounts.

While "Twitter touts having 238 million 'monetizable daily active users,' those users who actually see ads" is roughly 65 million lower, Musk says in the counterclaims.

Twitter maintains that its SEC disclosures about monetizable daily active users were accurate.

Twitter's filing is the latest salvo in what is building up to be an increasingly acrimonious legal showdown between the world's richest person and the social media giant.

The two sides head to trial on Oct. 17 after Musk sought to abandon his deal to acquire Twitter over what he says is a misrepresentation of fake accounts on the site.

The San Francisco-based company is trying to force Musk to follow through on the deal and accuses him of sabotaging it because it no longer served his interests.

In the counterclaims made public Thursday, Musk accuses Twitter of stepping up efforts to conceal the true number of its users, as the market plummeted.

"As a long bull market was coming to a close, and the tide was going out, Twitter knew that providing the Musk Parties the information they were requesting would reveal that Twitter had been swimming naked," the counterclaims say.

Musk, the chief executive of electric car company Tesla Inc. offered to buy Twitter for $54.20 per share in April, saying he believed in its potential as a global platform for free speech.

But he soured on Twitter as its stock price lagged his takeover bid, and began expressing skepticism that bot and spam accounts represented less than 5% of users.

Musk sought to back out on July 8 without paying a $1 billion breakup fee, citing Twitter's failure to provide details on bot and spam accounts. Twitter sued him four days later.

A representative for Musk did not immediately respond to a request for comment.