Elon Musk Found to Mislead Investors in Twitter Takeover A U.S. jury concluded that Elon Musk intentionally manipulated Twitter’s stock price in the months prior to his $44 billion acquisition of the social media platform. The decision came from a civil trial in San Francisco, where Musk faced accusations of deceiving shareholders during the takeover process. Musk was not entirely exonerated. While he avoided liability for certain fraud claims, the jury determined he misled investors by downplaying the value of Twitter through strategic statements. The case...
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