Elon Musk To Pay $1.5 Million To Settle Twitter Stake Case

May 5, 2026 - 05:00
Elon Musk To Pay $1.5 Million To Settle Twitter Stake Case

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Elon Musk and the US Securities and Exchange Commission settled the regulator's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X.

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