LIVE๐จ **Elon Musk Faces $258 Billion Lawsuit for Alleged Insider Trading with Dogecoin**
Elon Musk, Tesla, and SpaceX are now embroiled in a $258 billion lawsuit over accusations of insider trading and market manipulation linked to Dogecoin. The lawsuit alleges that Musk used his powerful influence and social media reach to artificially inflate Dogecoin's value, only to benefit from its subsequent rise and fall. Plaintiffs claim that Musk's actions led to significant financial losses for numerous investors.
**Key Points:**
- **$258 Billion Lawsuit:** Musk, Tesla, and SpaceX accused of insider trading and market manipulation.
- **Dogecoin Manipulation:** Allegations that Musk used social media to inflate Dogecoin's value.
- **Investor Losses:** Claims of significant financial damage to many investors.
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