A federal appeals court said Wednesday that Elon Musk does not have to testify at this point about his former role with the Department of Government Efficiency, saying it's too soon to compel his testimony.
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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 . ...
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 ...
Shareholders accused Musk of violating federal securities laws by making false, public statements that "were carefully calculated to drive down the price of Twitter stock."
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.
Mr. Musk said he did not expect his posts in the lead-up to his 2022 acquisition of the social media site, now X, to affect the company's share price.
Once his stake became public, Twitter's stock surged by 27% in a single day. 'That sounds high,' Musk responded ...
Elon Musk is transforming X into a super app with integrated financial services, aiming to revolutionize how users manage money.
Twitter investors allege the billionaire publicly derided the social network to sink its stock price and buy it at a bargain ...
The first section of the tunnel is supposed to be operational by the first quarter of 2027 ...