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X owner Elon Musk was found to have misled investors when he bought the platform, then known as Twitter, in a $45 billion deal in 2022.
During the acquisition process, Musk claimed that fake and spam accounts accounted for at least 20% of Twitter users at the time, a claim that could have had a significant impact on the value of the company.
The Tesla CEO even tweeted a poop emoji in response to Twitter’s former CEO Parag Agrawal chiming in to say there was no way for third parties…
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X owner Elon Musk was found to have misled investors when he bought the platform, then known as Twitter, in a $45 billion deal in 2022.
During the acquisition process, Musk claimed that fake and spam accounts accounted for at least 20% of Twitter users at the time, a claim that could have had a significant impact on the value of the company.
The Tesla CEO even tweeted a poop emoji in response to Twitter’s former CEO Parag Agrawal chiming in to say there was no way for third parties…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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