Jury Finds Elon Musk Guilty of Twitter Tweets, Not a Criminal Mastermind
KEY POINTS
- •A California jury ruled Elon Musk misled investors before completing his $44 billion Twitter acquisition in 2022.
- •At trial in March 2026, Musk admitted he made 'stupid tweets,' but claimed he didn’t mean to spook markets.
- •Plaintiffs argue damages could total $2.6 billion, with Musk’s lawyers preparing an appeal against the verdict.
In a landmark 2026 California lawsuit full of tech drama and pricey emojis, a jury declared that Elon Musk 'misled' investors before his $44 billion Twitter takeover in 2022—because some tweets spooked the market worse than his rocket launches. Musk’s own admission at trial he’s 'guilty' of dumb tweets earned a collective groan from investors nursing fresh wounds potentially costing $2.6 billion in damages. Despite not being labeled a full-on fraudster, Musk’s crime scene included two specific tweets that made Wall Street sweat harder than a Tesla in August. His attorneys are now sprinting to appeal, aiming to save Musk’s billions from being Twitter-battered.
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(1 of 3)Source: Theverge | Published: 3/20/2026 | Author: Jay Peters