Elon Musk misled shareholders in effort to drive down Twitter stock price, jury finds
--------------------------------------------------------------------
Source: AfricaNews
Published: 2026-03-21 21:56 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Transport, Economy & Finance, Financial Markets, Fraud & Corruption, Media, Business & Economy, Crime & Justice
--------------------------------------------------------------------
Snippet:
A jury has found Elon Musk liable for defrauding investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not "scheme" to mislead investors.
--------------------------------------------------------------------