Jury rules: Musk misled Twitter investors ahead of 2022 takeover.

The jury concluded that Musk defamed Twitter in 2022, attempting to purchase the social media platform at a price lower than his initial offer of $44 billion. This constituted fraud against Twitter investors. On March 20, the jury in the San Francisco federal court ruled that Musk deliberately misled Twitter shareholders when he claimed in a tweet that the social network had too many fake accounts and tried to withdraw from the deal.