Musk’s Tweets Ahead of Twitter Purchase Are Focus of New Trial

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Elon Musk’s X:Elon Musk’s brief effort to back out of buying Twitter Inc. in 2022 is the focus of a trial starting this week over claims the world’s richest person manipulated the company’s stock price to get himself a better deal.Musk eventually paid $44 billion for Twitter that fall, closing the buyout at the $54.20-per-share price he had originally agreed to six months earlier. But during the in-between months, a group of investors allege, Musk publicly attacked the company in a ruse to drive down its market value and benefit himself at their expense.