Jury finds Musk owes damages to Twitter investors for his tweets
Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav On Friday, a jury in California determined that Elon Musk had misled investors in Twitter via public statements that depressed the price of the company’s stock ahead of his ultimately successful purchase of it. Because it was a class action lawsuit, Musk is likely to be faced with paying out damages to a huge range of investors, payments that may ultimately reach billions of dollars. In the lead up to Musk’s ultimate purchase of the social media platform, he made a number of comments on the platform itself and while appearing as a guest on a podcast, largely focused on the prevalence of bot…
