Musk Loses Bid to Dismiss Ex-Twitter CEO’s Severance Claim

Elon Musk was dealt a significant setback in a court fight over compensation sought by the top Twitter Inc. executives he fired when he took over the company in 2022.

A judge ruled late Friday that former chief executive officer Parag Agrawal and other high-ranking officers can proceed with claims that Musk terminated them right as he was closing the deal to cheat them out of severance pay before they could submit resignation letters.