ELON MUSK FACES CIVIL SECURITIES FRAUD SUIT OVER TWITTER PURCHASE AS HE EYES SPACEX IPO. (PHOTO).

Image
 Elon Musk faces civil securities fraud suit over Twitter purchase as he eyes SpaceX IPO  Since acquiring Twitter for roughly $44 billion in late 2022, Elon Musk has renamed the platform X, merged it with his artificial intelligence company xAI, and integrated both into his defense and space company, SpaceX. Musk’s next major move could be taking SpaceX public in what would likely be a record-setting IPO, but first, he is confronting legal challenges from his past. On Wednesday, Musk appeared in federal court in San Francisco to face allegations of civil securities fraud tied to his Twitter purchase. Investors filed a class action in October 2022, claiming Musk manipulated Twitter’s stock to pressure the board into selling at a lower price than initially promised. Musk’s legal team denies any intent to harm Twitter or its shareholders. During the hearing, Musk acknowledged that his tweets can affect stock prices, sometimes unpredictably, and described the market as “manic depr...

"ANYONE WITH USEFUL INFORMATION ABOUT THIS MAN WITH TIKTOK HANDLE @ONE_BOR 001, WILL BE REWARDED HANDSOMELY.HE IS THE ONE THAT MADE A VIDEO SAYING THAT OUR FATHER CHIEF PETE EDOCHIE IS DEAD."- LEO EDOCHIE, CHIEF PETE EDOCHIE'S FIRST SON.(PHOTO).


 "Anyone with useful information about this man with tiktok handle @ONE_BOR 001, Will be rewarded handsomely.He is the one that made a video saying that our father Chief Pete Edochie is dead."- Leo Edochie, Chief Pete Edochie's first son.


Recall that a few days ago, a very disturbing rumour broke out about chief Pete Edochie.


Today, the first Son Leo Edochie has identified the young man who first made a video that alleged that Pete Edochie is dead.


Leo has promised to reward anyone with useful information about the said man.


Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.