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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 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 ...
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 ...
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 ...
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]
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 ...
On Tuesday, the SEC sent Musk a settlement offer seeking a response in 48 hours, but extended the deadline to Monday after a request for more time, the source said, speaking on the condition of ...