Elon Musk Testifies in Twitter Takeover Trial
Elon Musk took the witness stand in a trial where Twitter investors accuse him of securities fraud, alleging he intentionally devalued the company's stock to acquire it at a lower price.
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Musk tells jury 'people read too much' into his posts
The billionaire is accused of misleading investors in the run-up to his 2022 Twitter purchase.
Read full article →Elon Musk takes witness stand in trial over Twitter takeover
Twitter investors allege the billionaire publicly derided the social network to sink its stock price and buy it at a bargain Elon Musk testified Wednesday in a trial brought by Twitter investors, who allege the billionaire committed securities fraud as he was buying the social media company in 2022. The class-action lawsuit alleges Musk agreed to buy Twitter but then waffled for months, attacking the company with the goal of bringing down the stock price to get a better bargain. After content...
By Dara Kerr
Read full article →Elon Musk dodged cameras ahead of courthouse testimony. Snubbed photogs blamed a 'decoy' Tesla.
SAN FRANCISCO, CALIFORNIA - MARCH 04: Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Musk is on trial in a civil case for allegedly manipulating Twitter's stock price prior to his purchase of the company in 2022. Josh Edelson/Getty Images Photographers were stationed outside a courthouse, waiting to snap pics of Elon Musk. He rushed into the building while they were looking at a Tesla being surrounded by security, they said. Musk was called to testify over ...
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