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

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 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...
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ARIK AIR DIVERTS SAFELY TO BENIN FOLLOWING ENGINE ANOMALY. (PHOTO).

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 ARIK AIR DIVERTS SAFELY TO BENIN FOLLOWING ENGINE ANOMALY


Nigerian Safety Investigation Bureau NSIB has commenced an investigation into the air accident involving arik air's boeing 737 aircraft which diverted to Benin airport due to an engine anomaly while flying from Lagos to Port Harcourt Wednesday morning, 11 of February 2026. 


NSIB says during the cruise phase of flight the crew detected abnormal indications on one of the engines, the crew then shut down the affected engine and landed safely. No injury was recorded.


While an investigation is ongoing in to the issue, NSIB says a preliminary report will be issued within 30 days in accordance with international civil aviation authority icao provisions.

One more photo below. 


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