Elon Musk to Owe Billions After Jury Finds He Misled Twitter Investors Before Takeover ^0%

KQED - By Katie DeBenedetti - 3/20/2026, 10:25 PM

Elon Musk has been found liable for attempting to drive down Twitter’s stock price ahead of his $44 billion takeover of the company four years ago, a federal jury in San Francisco decided Friday. Attorneys said the world’s wealthiest person will owe an estimated $2.1 billion in damages to former shareholders in the company, who say they... more