Elon Musk, Witness Stand
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Elon Musk took the stand in a shareholder trial on Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social media platform for $44 billion in 2022.
Elon Musk Found Liable for Misleading Twitter Shareholders With Tweet During $44 Billion Acquisition
Business person Elon Musk delivers a speech during the World Economic Forum Annual Meeting in Davos, Switzerland, on January 22, 2026 (Harun Ozalp/Anadolu via Getty Images) Elon Musk was found liable for intentionally misleading Twitter shareholders during ...
Elon Musk is in court because he could not stop himself from tweeting during a $44bn takeover brawl. The billionaire told a San Francisco jury that his post was not meant to manipulate Twitter’s share price while he was trying to buy the company.
Elon Musk told a jury that a tweet he sent in the middle of his tumultuous move to buy Twitter Inc. in 2022 may not have been his “wisest” social media post, while denying he meant any harm to the platform’s shareholders. Musk took the witness stand ...
Elon Musk artificially drove down the price of Twitter's stock in 2022 with tweets claiming the social-media company had underreported how many fake and spam accounts were on its platform, a federal jury found.
Elon Musk made repeated references to an AI "Terminator" scenario while testifying before a California federal jury about OpenAI's for-profit move.