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SEC sues Elon Musk, saying he didnt disclose Twitter ownership on time before buying it

SEC sues Elon Musk, saying he didnt disclose Twitter ownership on time before buying it

Posted 7:38 PM 1/14/2025 by Associated Press

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

As a result, the SEC alleges, Musk was able to underpay “by at least $150 (More)

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