A US jury finds Elon Musk intentionally misled Twitter shareholders by disparaging the company in 2022 to buy it for a lower price than his original $44B bid
Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform …
Bloomberg
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Discussion
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@0xkrma
Karma
on x
He has been defrauding Tesla, Twitter, xAI, SpaceX and America for while now. Not surprised
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@tcarmody
Tim Carmody
on bluesky
It's true, he did. That's clearly what he was trying to do [embedded post]
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@sawyermerritt
Sawyer Merritt
on x
Everyone with a brain, including Elon himself, agrees that $44B was overpaying for Twitter. In retrospect, it was worth way less. This will no doubt head to appeal.
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@rmac18
Ryan Mac
on x
The day before the 20th anniversary of the first post on Twitter, Elon Musk was found liable of misleading investors before he bought the company in 2022 for $44 billion. Tweeting does have consequences, apparently. https://www.nytimes.com/...