Because it is a class action case, it is not clear what amount in damages Musk will have to pay, but it is likely in the billions.

Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.

Elon Musk’s lawyers said they would appeal the verdict. The jury absolved Musk of “engaging in a scheme to defraud Twitter investors.” ...

Elon Musk misled Twitter shareholders, a US federal jury has found, in a civil case tied to his 2022 takeover of the social ...

At the time, Musk had tweeted that Twitter had too many bots, which is why he was trying to renege on his commitment to buy the company.

A jury on Friday found that Elon Musk misled Twitter’s shareholders by driving down Twitter’s stock price ahead of his $44 ...

Elon Musk and the US Securities Exchange Commission told a judge they are heading toward a trial over the regulator’s ...

Elon Musk’s lawyer is accusing a San Francisco federal jury of “mocking” the billionaire by including “$4.20” among the ...

Elon Musk’s lawyer says the billionaire didn’t get a fair trial because a San Francisco jury slipped a “bizarre and highly ...

A moment of pure joy and unfiltered fun, Elon Musk‘s old Japanese game show appearance is back in the spotlight. The tech ...