Elon Musk defends tweets in lawsuit alleging they caused Twitter stock to fall before acquisition
Elon Musk defends tweets in lawsuit alleging they caused Twitter stock to fall before acquisition is drawing significant interest across the industry.
Taking the stand for the second day, Musk continued to double down on his assertion that Twitter had a much higher number of fake and spam accounts than the 5 per cent it disclosed in regulatory filings. On Wednesday, Musk said Twitter lied about the number of bot accounts on its platform, and that the actual number was much higher.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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