Source: The Guardian [UK]
“Elon Musk took the stand on Wednesday in a trial brought by Twitter investors, who allege the billionaire committed securities fraud as he was buying the social media company in 2022. The class-action lawsuit alleges Musk agreed to buy Twitter but then waffled for months, attacking the company with the goal of bringing down the stock price to get a better bargain. After contentious legal wrangling, Musk did eventually buy Twitter for $54.20 a share, his original offer, totalling around $44bn. Musk testified on Wednesday that he didn’t realize his attacks on the company, mostly done via tweet on Twitter itself, would lower the company’s stock price or hurt its investors.” (03/04/26)
https://www.theguardian.com/technology/2026/mar/04/elon-musk-twitter-takeover-trial