Elon Musk’s Latest Headache

Elon Musk was found to have misled Twitter investors ahead of his $44 billion acquisition. Yeah, that’s not a great look for the guy who now owns the platform.

The Lawsuit

Musk was sued in late 2022, shortly after he completed the acquisition and decided to rebrand Twitter as X. Because, why not, right? It’s not like he’s got better things to do.

It’s worth noting that Musk’s got a history of, shall we say, ‘creative’ business practices. So, it’s no surprise that a jury decided he’d misled investors. What’s surprising is that it took them this long to figure it out.

Now, it’s unclear what this means for Musk’s future plans for X (or whatever he decides to call it next week). But one thing’s for sure: it won’t be boring.