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.
Elon Musk has reignited his feud with the Securities and Exchange Commission (SEC) in full view of the public as regulators take another look into his brain-chip venture Neuralink.
The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire revealed in a social media post on Thursday.
Tech mogul Elon Musk criticized the Securities and Exchange Commission (SEC) on Thursday over a settlement offer in the agency’s probe into his 2022 purchase of Twitter, now known as X. In a
Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022.
Spiro suggested that the SEC’s latest actions against Musk may have been politically motivated and demanded to know who directed these actions, “whether it was you or the White House.”
A look at the people who influence the world’s richest man, and those who stand to gain from their association with him now.
Spiro did not respond to a request for comment regarding the letter. A spokesperson for the SEC said it does not comment on the existence of investigations. ”It is the policy of the SEC to conduct investigations on a confidential basis to preserve the integrity of its investigative process,” the spokesperson said.
There is no formal agenda for the group co-headed by Elon Musk and Vivek Ramaswamy. But there are plenty of clues.
The world’s richest man suggests that the political donations handed out by Bankman-Fried could yield clemency.
DETROIT -- Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter ...