**A federal jury in San Francisco has found that Elon Musk's tweets about fake accounts on Twitter misled investors in the company's $44 billion acquisition in 2022.** The jury's verdict, reached on Friday, sided with a group of former Twitter investors who had brought a class action lawsuit against Musk. The lawsuit claimed that Musk's tweets and statements, made to drive down Twitter's share price, had defrauded investors. The jury's decision marks a significant development in one of several lawsuits brought against Musk following his takeover of the company. **The jury calculated that shareholders should receive between $3 and $8 per stock per day in damages.** The exact amount of damages owed to investors is still unclear, but it could amount to billions of dollars. The class action lawsuit cited Musk's tweets about fake accounts on the platform, including a May 13, 2022, tweet that claimed the Twitter deal was "temporarily on hold" due to the number of fake accounts and bots on the platform. Twitter's stock dropped significantly following the May 13 tweet, according to reports. During the trial, Musk maintained that the tweets were him "speaking his mind" and that Twitter executives had "lied" about the number of bots on the platform. However, former Twitter shareholders argued that Musk's public statements had caused them to sell shares at deflated prices. Musk faced several lawsuits related to his takeover of the company, including allegations of delaying the disclosure of his stake in the company and unpaid severance benefits to former executives. Musk had also attempted to back out of the deal, but ultimately settled those claims. The jury's verdict on Friday is the latest development in a series of legal challenges faced by Musk since his acquisition of Twitter in 2022.