Musk Twitter Shareholders

Elon Musk continued to defend his actions in the months leading up to his 2022 purchase of Twitter in court Thursday. He faces a class action lawsuit claiming he misled investors. 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.