Jury finds Musk owes damages to Twitter investors for his tweets

A jury has ordered Elon Musk to pay damages to Twitter investors for tweets that manipulated stock prices, establishing that billionaires face real legal consequences for market-moving statements. The verdict specifically cites his 2022 tweets about Tesla's buyout, which contributed to a 12% single-day stock swing and shareholder losses exceeding $150 million. The case shatters the perception of impunity among ultra-wealthy CEOs, reaffirming that social media boasts are subject to the same securities laws as official press releases.