SEC settles with Elon Musk over Twitter dispute

1 week ago 9

The Securities and Exchange Commission (SEC) has reached a settlement with Elon Musk over the delayed disclosure of his stake in Twitter, the platform now known as X, according to court documents. Musk, who purchased the social platform for $44 billion in late 2022, will pay a $1.5 million civil penalty. The settlement resolves a…

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