US

⚡US Federal Jury Finds Elon Musk Liable for Misleading Twitter Shareholders in 2022 Takeover

By IANS

A US federal jury in California has found Tesla and SpaceX founder Elon Musk liable for misleading Twitter (now called X) shareholders in 2022 using false statements that depressed the company’s share price. Allegedly, Musk sought to renegotiate or abandon a $44 billion takeover of X with his false statement.

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