A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.

  • teyrnon@sh.itjust.works
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    1 month ago

    It’s not real money, and Musk isn’t the richest person in truth, not by a long shot. This is theoretical money based on overpriced companies that are propped up by what I suspect are some rather shady practices and investors using it as a casino stock.

    • DeathsEmbrace@lemmy.world
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      1 month ago

      Actually worst than imaginable if you delve deep the psychology of the rich is akin to tumour development. Never forget these rich fuckheads would bet over your misery like a game.