r/musked

Hey everyone, I wanted to share an update for anyone who invested in $TWTR around the time Elon Musk agreed to acquire Twitter.

Back in April 2022, Musk agreed to buy Twitter for $44 billion, or $54.20 per share. Shortly after, he began questioning Twitter’s estimates of fake and spam accounts and whether the deal could still move forward. In May, he said the acquisition was temporarily on hold, and $TWTR dropped 9.7% that day, falling from $45.08 to $40.72.

The situation continued to escalate. On July 8, Musk announced that he was terminating the deal. By July 11, $TWTR had fallen to $32.65, down 27.6% from the beginning of the class period.

Musk eventually agreed to complete the acquisition at the original $54.20 per share price on October 4, 2022. Investors later alleged that his statements about Twitter and the acquisition were misleading and caused losses for people who traded during this period. 

The case went to trial in March 2026, and a jury found Musk liable for securities fraud related to certain statements he made about the acquisition. The court later entered judgment for the class and the claims process is now open.

If you sold Twitter stock or call options, or purchased put options, in 2022, you may be eligible to submit a claim before the November 24, 2026 deadline. Check if you're eligible and file a claim here.

Did anyone here hold or trade $TWTR during that period?

https://preview.redd.it/tbw5etj40pth1.png?width=1777&format=png&auto=webp&s=ab28c3ea0a5296d527a5d001685d28d668b1792b