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