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

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 […]

By Todd Spangler