← March 21, 2026 briefing
Jury Finds Musk Defrauded Twitter Investors in 2022 Buyout
Tech

Jury Finds Musk Defrauded Twitter Investors in 2022 Buyout

A California jury has ruled Elon Musk liable for deliberately talking down Twitter's stock price during his $44 billion acquisition, handing a win to investors who sued him for fraud. The verdict stops short of finding him guilty on every count, but the damages phase could still cost him billions. The trial centred on tweets Musk posted in 2022 while engineering a lower purchase price for the platform.

Sources
Musk defrauded Twitter investors during buyout, jury finds

Musk defrauded Twitter investors during buyout, jury finds

Financial Times · Mar 20

Jury finds Musk owes damages to Twitter investors for his tweets

Jury finds Musk owes damages to Twitter investors for his tweets

Ars Technica · Mar 20

Musk responsible for Twitter investors’ stock dropping when he bought company, jury rules

Musk responsible for Twitter investors’ stock dropping when he bought company, jury rules

The Guardian · Mar 21

Saturday Night Live UK is here - but can it make you laugh?

Saturday Night Live UK is here - but can it make you laugh?

BBC · Mar 21

Mar 20

Jury finds Elon Musk misled investors during Twitter purchase

NPR · 10:30 PM

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