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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UPDATE: BENUE STUDENT RECLAIMS STOLEN MOTORCYCLE FROM EX-LOVER. (PHOTO).

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 BENUE STUDENT RECLAIMS STOLEN MOTORCYCLE FROM EX-LOVER



A female student of the College of Education, Katsina-Ala, has joyfully recovered her motorcycle and other valuables from a man who allegedly tricked her under the guise of a romantic relationship.


The suspect, identified as Mr. Aondoaseer Hyacinth Iortyom, reportedly approached the student along Ugbema Junction while she was travelling for the weekend. Claiming he needed a lift to Turan-Kwande, he allegedly gained her trust before making away with her bike and other possessions.


The student recounted helping him secure accommodation in Jato-Aka when he became stranded and later dropping him off at Ugbema Junction the next day, unaware of his intentions.


Police have since recovered the motorcycle and officially returned it to the student. People reacted, with many expressing support and relief over the proper handover.


The student’s story serves as a cautionary tale about trust, safety, and vigilance even when dealing with seemingly friendly strangers.

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