Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says

Source: Dr_Neurol

10 Comments

  1. And the sky is blue. Thanks for pointing out the obvious; hopefully he actually has to pay and be responsible for this.

    Scratch that. Hopefully it’s a significant financial penalty and a penalty that limits his ability to do this again in the future, 

  2. Soggy_Panda2393 on

    Outside of the daily reminder trump is a moron, Musk being a lying corrupt vile shitstain on humanity is the second most obvious

  3. robotsdottxt on

    He should be prohibited from trading stocks and conducting business for 5 years.

  4. Billionaires are rich not because of intelligence. They are rich because of ruthlessness and unaccountable illegal actions. Every time.

  5. “After Musk bid to buy Twitter in April 2022, his sentiment towards the deal quickly soured as he cast doubt on the company’s claimed level of bots, spam and fake accounts on its platform.”

    This is maybe the worst part of the whole thing. Tanked their stock to buy it and then not only did he do nothing about the bots, he started seeding them in himself to inflate engagement before making a paid tier.

    There’s no place on the internet that gives me more of a sense of dead internet theory than Twitter these days, which makes me think about that on Reddit too so thanks Elon.

  6. Decent_One8836 on

    I find it hard to believe there’s going to be any real consequences for him here.

    Like, he could pay billions for sure, and that would just be “the cost of doing business” after his wealth so increased so much since he purchased Twitter.

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