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...

BAUCHI SECURITY: POLICE RECOVERED N1,050,000 MOTORCYCLE, APPREHENDED SUSPECT . (PHOTO). #PRESS RELEASE


 BAUCHI STATE POLICE COMMAND 


PRESS RELEASE


BAUCHI SECURITY: Police Recovered N1,050,000 Motorcycle, Apprehended Suspect 


The 'C' Division of the Command has arrested a suspect involved in the theft of a motorcycle valued at N1,050,000.


2. On 2nd February, 2026, at approximately 1900hrs, two complainants, Abdullahi Aliyu, a motorcycle dealer, and Musa Usman, a motorcycle mechanic, reported to the police station that a yet-to-be-identified person had stolen a Boxer motorcycle from Aliyu's shop at Muda Lawal Market.


3.The suspect, identified as Ibrahim Muhammad, 25, of Tabli via Birshi Ward, Bauchi, was arrested on 9th February, 2026, at Gwallameji Area, Bauchi, following a tip-off and surveillance by the 'C' Division's detectives. The stolen motorcycle was recovered.


4. Muhammad has confessed to the crime and will be charged to court upon completion of the investigation.


5. The Commissioner of Police, Sani-Omolori Aliyu, mni, psc (+) commended the efforts of the detectives and patrol team involved in the operation and urged citizens to continue providing information to help combat crime in the state.


SP Nafiu Habib,  ANIPR, FFIS 

PPRO 


For: THE COMMISSIONER OF POLICE 


11th February, 2026.

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