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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FIRST LADY OLUREMI TINUBU CELEBRATES PRINCESS SARAH SOSAN ON HER 70TH BIRTHDAY . (PHOTO).

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 First Lady Oluremi Tinubu Celebrates Princess Sarah Sosan on Her 70th Birthday 


Nigeria's First Lady Oluremi Tinubu felicitates former Deputy Governor of Lagos State,  Princess Sarah Sosan, OFR on the joyous occasion of her 70th birthday celebration.


In a birthday message where she joins family, friends and associates of the celebrant to mark her platinum birthday celebration,  the First Lady notes that,  as a former Deputy Governor of Lagos State, Princess Sosan  contributed to the growth and development of the state, especially in the education sector.


She prays God to grant the celebrant  divine health,  peace, renewed strength, and joy in the years ahead as she joins the league of Septuagenarians.

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