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The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
Billionaire Elon Musk appears to have revealed that the Securities and Exchange Commission issued him a "settlement demand," sharing the news in a post on his social media platform, X. Musk on ...
The Dec. 12 letter from Musk's lawyer Alex Spiro and addressed to outgoing SEC Chair Gary Gensler also said that the agency had issued Musk a 48-hour settlement deadline to either accept a ...
Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk disclosed on his social media platform X that the agency is demanding ...
Former Twitter executives sued Musk and X Corp. for US$128 million in unpaid severance in March 2024. In the filing, the plaintiffs alleged that Musk had acted in revenge against them personally. [3] A district judge dismissed Musk's bid to dismiss the case on November 1, 2024. [4]
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. He is also known for his ownership of X Corp. (the company that operates the social media platform X , formerly Twitter), and his role in the founding ...
A significant number of the cases notably derive from the actions of the company's CEO, Elon Musk, who is also party to many of his own lawsuits. [3] TSLAQ, a loose collective of anonymous short-sellers and skeptics of Tesla and Elon Musk, regularly discusses and shares news of these lawsuits on Twitter and elsewhere. [4]
Elon Musk's lawyer said his client had been offered a settlement to resolve an SEC investigation over allegations he failed to properly disclose the sizable stake he was building in Twitter back ...