March 20, 2026

Elon Musk faces billions in damages after brutal court loss

Trial

A California jury found Friday that Elon Musk misled Twitter investors in the lead-up to his $44 billion acquisition of the social media company, potentially exposing him to billions in damages. Attorneys for the plaintiffs said total damages could reach as much as $2.6 billion. Musk was cleared of some fraud allegations.

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