SEC Sues Elon Musk for Delay in Twitter Stock Disclosure
January 16, 2025
The US Securities and Exchange Commission (SEC) has initiated legal action against Elon Musk over allegations that he failed to disclose his significant ownership stake in Twitter within the required timeframe. According to the SEC complaint, Musk began acquiring shares of Twitter, now called X, in early 2022. The Tesla (NASDAQ:TSLA) leader reportedly surpassed the […]