TERRIFYING NEW DASHCAM FOOTAGE SHOWS MOMENT DOOMED NBC HELICOPTER FALLS OUT OF THE SKY. (PHOTO)

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Terrifying new dashcam footage shows moment doomed NBC helicopter falls out of the sky The terrifying moment an NBC helicopter fell out of the sky and plunged into the ground near where an SUV had slammed into a Metro bus was caught on dashcam. The video, obtained by KTLA, shows the helicopter descending, caught from afar on the vehicle camera of Yera Valencia. She said: “I downloaded the video of my dashcam. It’s a little dot on the video. It’s a crisp video and it just goes down.” She added: “God, it’s so close, it could have happened to anyone. My parents walk down the street.” The two back-to-back Tuesday night crashes resulted in five deaths — two involving the bus and SUV, and three as a result of the chopper going down, killing reporter Eliana Moreno, pilot George Marciniw and pedestrian Edy Gutierrez Mejia.
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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 depressive.” A loss in court could require Musk to compensate former Twitter investors and influence related lawsuits. The SEC has also accused Musk of failing to disclose his Twitter stake in a timely manner, which he acquired before formally offering to purchase the company. Following his bid, Musk publicly criticized Twitter for bots and spam, and briefly threatened to halt the deal pending additional internal data, which contributed to the decline in Twitter’s stock and prompted some investors to sell at lower prices. Musk eventually settled a separate Twitter lawsuit in Delaware to complete the purchase, paving the way for the consolidation of X, xAI, and SpaceX, which is now valued at $1.25 trillion by private investors.


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