Elon Musk Defends Himself Against Accusations Of Misconduct Leading Up To Twitter Takeover
SAN FRANCISCO (AP) — A defiant Elon Musk on Wednesday took the stand in a jury trial to defend himself against accusations that he engaged in a pattern of deceptive behavior that misled investors as he attempted to back out of his $44 billion deal to buy Twitter before he finally completed the takeover. The civil trial in San Francisco centers on a class-action lawsuit filed just before Musk took control of Twitter, a social media service he renamed X, in October 2022, six months after agreeing to buy the embattled company for $44 billion, or $54.20 per share. The price paid by the world's richest man represents sliver of a fortune now estimated at $841 billion.
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