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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S. A: TWO CATTLE THIEVES ARE GOING TO PRISON FOR 10 YEARS. (PHOTO).

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 Two cattle thieves are going to prison for 10 years


Thabazimbi Regional Court delivered the sentence on 10 February 2026. A night theft in Northam ended with arrests, a failed escape, and a final conviction.


Ariel Matsape, 43, and Joseph Tshinto, 30, were found guilty of stealing nine cattle from Koedoeskop Farm in June 2024. Community members spotted the herd being moved and alerted police. Officers and the Stock Theft and Endangered Species Unit tracked the suspects and arrested them the same day.


Tshinto later tried to evade justice before judgment, but police rearrested him on a warrant. He remained in custody until sentencing. Charges against a third suspect were withdrawn.


Both men were declared unfit to possess a firearm.

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