Outspoken X owner Elon Musk admitted that his social media posts “may have done more to financially impair the company than to help it” in a lawsuit lodged against the billionaire, according to court records. NY Post reporter Ariel Zilber shares this story.
Musk, who bought the site formerly known as Twitter for $44 billion in 2022, was hit with a defamation lawsuit last year by a 22-year-old Jewish man from California who says he was falsely accused by the mogul of taking part in a neo-Nazi “false flag” demonstration.
During a deposition over Zoom on March 27, Musk said “I do not guide my posts by what is financially beneficial but by what I believe is interesting or important or entertaining to the public,” court documents show.
Read more at https://nypost.com/2024/04/09/business/elon-musk-may-have-done-more-to-financially-impair-x-than-to-help-it/
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