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$44 bn acquisition: US jury finds Musk ‘misled’ Twitter shareholders in 2022
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Updated 2 hours ago
First seen March 21, 2026 02:41:56Stay on top of this story
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Quick Summary
A federal jury found Elon Musk liable for defrauding Twitter investors in 2022 by disparaging the company to secure a lower purchase price. Jurors concluded Musk intentionally misled shareholders through two tweets, including one stating the deal was "temporarily on hold," but absolved him of a broader scheme to defraud.