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.
· 12d · on MSN
Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Elon Musk To Face Charges As SEC Seeks Settlement Over X Acquisition
Trump says Elon Musk is "not taking the presidency"
On Dec. 22 at a conservative conference in Phoenix, Arizona, President-elect Donald Trump praised Elon Musk and said he is "not taking the presidency."
The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire revealed in a social media post on Thursday.
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.
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
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.”
The X and Tesla executive — now a close adviser of President-elect Donald Trump — publicly posted a letter from his lawyer to the agency.
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.
4don MSN
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 ...
United States President-Elect, Donald Trump has appointed former college football player Bo Hines as the executive director of his new “Crypto Council.” The new appointment signals Trump’s ambition as he continues to energize his plans to take full force in the cryptocurrency world.
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