2 tweets & a podcast don't equal fraud: Elon Musk in lawsuit over Twitter purchase

Elon Musk's lawyer defended him in a lawsuit over his $44 billion purchase of Twitter (now X), saying, "Two tweets and a podcast don't equal securities fraud." The case, filed by former shareholders, alleges Musk's public comments about fake accounts harmed the company's share price in 2022. Musk knowingly made statements to gain leverage in the deal, shareholders said.