Elon Musk Testifies in Twitter Shareholder Trial Over Alleged Stock Manipulation

Fuente: International Business Times

Elon Musk speaks during a news conference with US President Donald Trump in the Oval Office of the White House in Washington, DC, on May 30, 2025. Elon Musk took the stand Wednesday in a federal court in San Francisco, defending himself against claims that he manipulated Twitter's stock to lower its price before buying the company for $44 billion in 2022. The class-action lawsuit, filed in October 2022, was brought on behalf of Twitter shareholders who sold stock between May 13 and October 4, 2022, weeks before Musk finalized the purchase.