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Elon Musk found liable for misleading investors during purchase of Twitter
(www.independent.co.uk)
this post was submitted on 20 Mar 2026
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This is why he was tweeting so much about bots (real or not) and a million other excuses why he didn't really want to buy it at that price - he was trying to sink the share price. And this lawsuit is a class action suit by those who owned said shares - He pissed off rich people, so something painful might actually come of this.
UPDATE: Looks like $2.1billybobs. Eat shit, elon. Yes, he's worth much more than that, but his money is tied up. Liquidating that sort of money is gonna be painful.
He’ll just take out another loan on his rocket or Tesla collateral.
Banks all pretend he’ll pay them back before he dies, but I’m pretty sure the estates will be on the hook. Or a too big to fail ballot ends up paying all these loans back.