Elon Musk Mostly True Claim About Twitter Followers Fact Checked

Billionaire says the arrangement, described in IPO filings as a three-year agreement, only lasts for 180 days

Billionaire says tweet that sparked lawsuit ‘may not have been my wisest’

An NBC News analysis of one month of Musk’s social media posts shows what’s been on his mind, including a broad cross-section of fringe political topics. ... Nov. 22, 2025, 5:30 AM EST ... Elon Musk can’t stop posting about the political fringe.

While testifying in court earlier this month, Musk argued that he did not mislead investors and that people simply read too much into his public comments and tweets. The jury instead found that certain of his public claims of problems in Twitter's user metrics, and that he was possibly backing out of the $44bn acquisition deal, were intentionally misleading.

Musk’s legal team had sought to dismiss the case, denying that Musk’s statements were false and arguing that plaintiffs’ “defective” claim did not adequately connect his statements to shareholders’ losses. During the trial, Musk testified, “if this was a trial about whether I made stupid tweets, I would say I’m guilty,” according to the New York Times, although he added he did not believe the posts would cause anything “material.”

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.

The nine-person jury returned the verdict after nearly four days of deliberation, nearly three weeks after the trial began on March 2. They said that while Musk was liable for misleading investors with two tweets — including one said the Twitter deal was "temporarily on hold," he did not do so with a statement he made on a podcast and that he did not intentionally "scheme" to defraud investors.

Under Elon Musk, Twitter's "Newsfeed" tab was split into two new tabs: "For You" and "Following". While the latter, like "Newsfeed", only displays activity from accounts followed by the user, "For You" displays an algorithmically curated feed similar to that of TikTok. With a paid subscription to Twitter Blue, users can have their tweets ...

They housed the venture at a small rented office in Palo Alto. Replying to Rolling Stone, Musk denounced the notion that they started their company with funds borrowed from Musk's father Errol Musk, but in a tweet, he recognized that his father contributed 10% of a later funding round.