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Last month, in the waning days of the Biden administration, the SEC set a tight deadline of several days for demanding that Elon Musk pay a settlement or face civil charges relating to alleged ...
The SEC gave Elon Musk until Monday to respond to an offer to resolve a probe into his $44-billion Twitter takeover in 2022, a source said. ... The SEC has been investigating whether Musk broke ...
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 United States/ South Africa [2] 2 $80 billion 2022 Jeff Bezos United States [3] 3 $78 billion 2022 Mark Zuckerberg United States [3] 4 $60 billion 2023 Gautam Adani India [4] 5 $58.6 billion 2000 Masayoshi Son Japan [3]
The investigation, which escalates a long-running feud between the SEC and Musk, concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which Musk renamed X ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. 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 of the Boring Company, xAI, Neuralink, and OpenAI.
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]
The probe concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which he later renamed X. It is also reviewing statements and SEC filings he made in relation ...