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 $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.
Cool, so when this reaches Appeals court (which is where it’s absolutely going next because they’ll definitely appeal it), that 2.1B$ fine will get knocked down to 10$ and a blowjob (for Elon).
But hey, the Washington Post or whatever can get a nice little headline out of it where they pretend billionaires face any sort of punishment in this Capitalist hellscape for 5 seconds so that’s nice.
To be clear, the punishment wasn’t him loosing 2B, he wouldn’t even notice the difference. The punishment was being told he was wrong by a jury of his “peers”.