Musk testifies tweet that led to $44 billion lawsuit 'may not have been my wisest'
Summary
Elon Musk testified that his tweet about spam/fake accounts and the deal may not have been his wisest, amid a lawsuit alleging market manipulation tied to the $44 billion Twitter/X acquisition. The piece outlines how the post affected stock price, the bot data at issue, and internal banker communications suggesting a strategy to push the price down, with Musk arguing he was simply expressing concerns to protect the platform. The case highlights the legal risks of high-profile social-media statements in corporate takeovers and their potential damages.