What do you supposed the legal teams are doing right now? Presumably there is some effort to make musk sign an even more iron clad deal before agreeing to a stay. Something like, "no condition that existed prior to October 5, 2022, material or not, shall be grounds for terminating the merger agreement." Perhaps they want him to remove the financing contingency given that if financing falls through Elon bears the majority of the blame for that.
I guess from Twitter's perspective it's fine if things go to a trial since they are going to win anyway. And every day that passes increases the torque on Elon and X holdings. They have him over a barrel so why not demand concessions to ensure that no more shenanigans occur?