Read – https://deadline.com/2026/03/elon-musk-found-liable-misleading-twitter-shareholders-1236762349/
Musk is now responsible for paying up to $2.5 Billion to Investors who sold Twitter shares at depressed prices during the May–October 2022 period.
Musk already faced SEC action in 2018 over misleading tweets about taking Tesla private, which led to a $40 million settlement and governance restrictions.
The verdict gives regulators and other plaintiffs more leverage, increasing cash‑flow pressure on Musk, forcing him to raise capital or sell assets, including shares of his other companies, to fund settlements.
Read – https://www.npr.org/2026/03/20/g-s1-114660/elon-musk-misled-investors-twitter-purchase
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