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Elon Musk to Owe Estimated $2.1 Billion After Jury Finds He Misled Twitter Investors Before 2022 Buyout (text.npr.org)
submitted 6 months ago* (last edited 6 months ago) by to c/technology@lemmy.world
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A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not "scheme" to mislead investors.

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[–] 7 points 6 months ago* (6 children)

I mean I dislike the guy as much as you, but almost all of his “wealth” is paper wealth. He may very well not be able to liquidate 2% of his wealth (fine with me).

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  • [–] 6 points 6 months ago

    Point is that if I commit fraud or steal anything over 10 dollars I might go to jail

    This guy lies steals and cheats by the billions and he gets a hug

    Jail the motherfucker already

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