Jury finds Elon Musk misled investors during Twitter purchase

What Happened

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.

Why It Matters

But it absolved him of some fraud allegations.(Image credit: Markus Schreiber)

Background Context

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 allegations.(Image credit: Markus Schreiber)

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Source: NPR Topics: NewsOriginal Link

Source: NPR Topics: News

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