Musk is on trial for a case filed by Twitter investors in 2022, the year he purchased the social media company for $44 billion.

With Elon Musk close to claiming a new role as owner of Twitter after a winning bid to purchase it for $44 billion this week, the billionaire entrepreneur can add the social media app to a long list of business ventures he has led,

Elon Musk took the stand in a shareholder trial Wednesday in San Francisco, where he's accused of making false and misleading statements that drove down Twitter's stock price before he bought the social media platform for $44 billion in 2022.

Elon Musk has acknowledged that the tweet at the centre of a multibillion-dollar lawsuit over his $44bn acquisition of Twitter “may not have been my wisest” as the world’s richest man defends himself from allegations of market manipulation in court.

Former Twitter CEO Jack Dorsey criticized the company’s board in a series of tweets on Sunday as the group is now tasked with evaluating a takeover bid from billionaire Elon Musk. Responding to another Twitter user describing the “plots and coups ...

FILE - Elon Musk attends the annual meeting of the World Economic Forum in Davos, Switzerland, Jan. 22, 2026. (AP Photo/Markus Schreiber, File) FILE - Elon Musk attends the annual meeting of the World Economic Forum in Davos, Switzerland, Jan. 22, 2026.