Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says
Elon Musk was sued in late 2022 after completing his acquisition of Twitter, which he later renamed X.
Last updated: 2026-03-21 09:35:43 ET
Elon Musk was sued in late 2022 after completing his acquisition of Twitter, which he later renamed X.
At the time, Musk had tweeted that Twitter had too many bots, which is why he was trying to renege on his commitment to buy the company.
Elon Musk misled Twitter investors in an effort to try to lower its purchase price, a jury finds
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud a...
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to...
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