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.

  • iglou@programming.dev
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    20 hours ago

    He doesn’t have to liquidate shit, none of them do. They borrow against their holdings.

    • sunbeam60@feddit.uk
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      12 hours ago

      Yes of course. But a lot of it ain’t vested and so the terms may not be great or downright unpalatable.