Elon Musk Found Liable to Twitter Shareholders

Saturday, March 21, 2026

A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a US$44 billion takeover in 2022.

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Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says

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-- CNBC (@cnbc.com) Mar 20, 2026 at 6:02 PM

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