US EditionElon Musk is set to take the stand in a trial over claims he deflated Twitter stock before purchase
Shareholders allege Musk’s misleading tweets caused Twitter stock to drop 32% below his offer price, violating securities laws in the 2022 buyout.
- Elon Musk is expected to appear at a federal courthouse in San Francisco to defend himself against allegations that he committed civil securities fraud in the run-up to his purchase of Twitter.
- Investors in Twitter filed a class action suit against Musk in October 2022, alleging he engaged in a scheme to weigh down Twitter's stock in order to pressure the board to sell to him for a lower price.
- A defeat at trial could result in Musk being forced to pay former Twitter investors to make up for their reported losses, and could influence the outcomes in related lawsuits down the line.
91 Articles
91 Articles
Day Around the Bay: Elon Takes The Stand In Another Case About His Tweets
Local:Sadat Mousa, the 51-year-old man who was arrested on hate-crime charges Saturday for spraypainting anti-gay and antisemitic messages on a Pacific Heights church, including a swastika, has quite a rap sheet. His interactions with police date back to some criminal threat charges in 2009, and his TikTok account appearently includes plenty of hate speech as well. [Chronicle]Elon Musk took the stand Wednesday in federal court in San Francisco, …
Musk defends himself against accusations of misconduct prior to Twitter takeover
A defiant Elon Musk on Wednesday took the stand in a jury trial to defend himself against accusations that he engaged in a pattern of deceptive behavior that misled investors as he attempted to back out of his $44 billion deal to buy Twitter before he finally completed the takeover.
Enid News & Eagle
Elon Musk defends himself against accusations of misconduct leading up to Twitter takeover
A defiant Elon Musk on Wednesday took the stand in a jury trial to defend himself against accusations that he engaged in a pattern of deceptive behavior that misled investors as he attempted to back out of his $44 billion…
Elon Musk discusses past tweets, bots as he testifies at Twitter shareholder trial
Elon Musk took the stand in a shareholder trial on Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social media platform for $44 billion in 2022.
Elon Musk testifies in Twitter shareholder trial alleging he purposefully drove down stock before his purchase
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
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 ImagesPhotographers 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,…
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