Multi-billionaire technology tycoon Elon Musk told a jury in California on Wednesday that stock market investors read too much into his social media posts.

He was defending himself against claims from investors, who have accused him of trying to manipulate markets with a series of misleading messages in the run-up to his 2022 purchase of Twitter.

Musk said posts he wrote after he had struck a deal to buy the platform were “extremely literal” and not intended to try to reduce the price he would have to pay.

“I was simply speaking my mind,” he said when asked if he had considered the impact of his posts, including one in which he declared his takeover plans on hold.

  • wuffah@lemmy.world
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    1 month ago

    buys entire social media platform

    directs developers to boost his posts

    exclusively posts deliberately manipulating and inflammatory content

    “Don’t read so much in to it!” 🤡

  • mos@lemmy.world
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    1 month ago

    It’s odd how the article describes the richest person on the planet, who is almost worth a trillion dollars, as a multi billionaire.

    Also what the fuck who needs a trillion dollars.

  • melsaskca@lemmy.ca
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    1 month ago

    Musk tries so hard to be clever and debonair in his posts and usually comes off looking like a middle-school goof.

    • SaveTheTuaHawk@lemmy.ca
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      1 month ago

      Ketamine, botched penis, children who hate him, DOGE fail, SpaceX fail, Tesla cut in half, Epstein, 2025 was a busy year.

      He might have paper wealth, but this is a person who is leading a miserable life now on rapid decline and we all know it will not end well for him.

  • BiteSizedZeitGeist@lemmy.world
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    1 month ago

    People like him disavow how much influence he has, willfully or not. Musk is the worst at it. He doesn’t realize, or refuses to realize, how much his edgy tweets mean.

    They wall want power but not the responsibility that comes with it.

  • Cocodapuf@lemmy.world
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    1 month ago

    Maybe if the shit you say doesn’t really matter, don’t post it publicly to the world.

    Not a great argument.

  • santa@sh.itjust.works
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    1 month ago

    Surprised a motion wasn’t filed to have the case tried on Mars, ya know…where it would be a jury of his peers — Aliens that wouldn’t be prejudiced towards him (we think…?).

    He would provide travel, but needs to get back to work on the flying thing.

  • Phoenixz@lemmy.ca
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    1 month ago

    You’re reading too much into my nazi salutes!

    You’re reading too much into all the promises I made to investors and clients which I then dropped

    You’re reading too much into what I’m saying because every single word coming out of my mouth is a lie