Elon Musk is expected to take the stand in a shareholder trial Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social media platform for $44 billion in 2022.
I don’t have the most fantastic memory, but as I recall the stock went up very high after he said he was going to buy it the first time, and stayed higher than it was before he said anything by quite a bit up through his purchase.