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Jury finds Musk owes damages to Twitter investors for his tweets

A jury orders Elon Musk to pay $178 million in damages to Twitter investors for his fateful 2018 'funding secured' tweets. The ruling acknowledges that the tweets caused a 12% stock price swing in two days, wiping out $3.2 billion in market value. The judge called the tweets 'a billion-dollar blunder,' and the damage award sends a warning that Twitter's text can have consequences far exceeding the 280-character limit.

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Jury finds Musk owes damages to Twitter investors for his tweets

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