Computers & internet

Jury Finds Musk Liable for Misleading Twitter Investors

Was Musk's tweet market manipulation that cost investors billions or a is this legal shakedown?

Published 1 hour ago

Jury Finds Musk Liable for Misleading Twitter Investors

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Above: A view of the Phillip Burton Federal Building and U.S. Courthouse as Elon Musk testifies in a Twitter shareholder trial in San Francisco, California, on March 5. Image credit: Tayfun Coskun/Anadolu/Getty Images

The Spin

Narrative A

The jury's verdict makes it crystal clear — Musk used his massive platform to manipulate Twitter's stock price for his own financial gain, costing ordinary investors billions. Tweeting that the deal was "temporarily on hold" wasn't an honest statement; it was a calculated move to drive down share value and renegotiate a cheaper price. No amount of wealth or influence puts anyone above securities law.

Dr. Nuran Akgören on X The Guardian

Narrative B

This verdict is a legal shakedown dressed up as justice — Musk overpaid by billions, followed through on an unfair deal, and still got hit with a lawsuit driven by class-action firms chasing 30-40% cuts, not real shareholders. Twitter's board concealed rampant bot inflation, yet Musk is the one on trial. Punishing transparency to protect a broken system isn't justice.

Mr. Pool on X

X Freeze on X