SAN FRANCISCO — A federal jury in San Francisco found Elon Musk liable Friday, March 20, 2026, for misleading Twitter shareholders by deliberately driving down the company's stock price in the months leading up to his $44 billion acquisition in 2022, though it absolved him of broader fraud claims including an intentional scheme to defraud.
Elon Musk Liable in Twitter Shareholder Fraud Case as Jury Finds He Misled Investors Before $44 Billion Buyout
