Elon Musk defends tweets in lawsuit alleging they caused Twitter stock to fall before acquisition
SAN FRANCISCO: Elon Musk continued to defend his actions in the months leading up to his 2022 purchase of Twitter in court Thursday as he faces a class action lawsuit claiming he misled investors and caused them to lose millions of dollars.
The civil trial in San Francisco centres on a class-action lawsuit filed just before Musk took control of Twitter, a social media service he renamed X, in October 2022, six months after agreeing to buy the embattled company for USD 44 billion, or USD 54.20 per share.
