Skip to content

Elon Musk Misled Twitter Investors Ahead of His $44 Billion Takeover in 2022, Jury Finds

Variety DigitalMarch 21, 2026Todd SpanglerRead original

Last updated Mar 21, 2026 by ATDb automated enrichment

Details

Elon Musk artificially drove down the price of Twitter’s stock in 2022 with tweets claiming the social-media company — which he had already agreed to acquire — had underreported how many fake and spam accounts were on its platform, a federal jury found. The verdict was handed down Friday in a civil trial in California […]