A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.
He’s made billions more after and because of it so he doesn’t give a shit about a meaningless, billion dollar fine.
It’s an ego thing, he’ll hire a bunch of really expensive lawyers and drag it out as long as he can. This is what the rich do.
if you drag it out, a billion dollar fine becomes a million real fast
https://youtu.be/xyyqoHCkw9I
That’s a power thing. Avoiding accountability to the rule of law.