Jury Finds Elon Musk Liable for Misleading Twitter Investors in $44 Billion Buyout Fight
A San Francisco federal jury found Elon Musk liable for misleading Twitter investors with two 2022 posts during his takeover bid. Jurors rejected claims he intentionally schemed to defraud shareholders. Plaintiffs’ lawyers said damages could reach billions. The verdict follows Musk’s earlier courtroom win over his 2018 Tesla tweet.