Jury finds Musk misled investors in Twitter takeover, billions at stake

TL;DR Summary
A San Francisco federal jury ruled that Elon Musk’s tweets about fake accounts during Twitter’s $44 billion takeover misled investors, finding fraud on that point while clearing him on other claims; the verdict could mean billions in damages for shareholders, though the exact amount remains to be determined. Musk testified the tweets were his personal views and that Twitter executives had lied about bot counts.
- Elon Musk misled investors during his Twitter takeover, jury finds Engadget
- Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says CNBC
- Musk responsible for Twitter investors’ stock dropping when he bought company, jury rules The Guardian
- Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover Reuters
- Elon Musk misled Twitter investors ahead of acquisition, jury says Fox Business
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