Elon Musk earns a seat on Twitter’s board; what next?
2 years, 11 months ago

Elon Musk earns a seat on Twitter’s board; what next?

The Hindu  

The story so far: On Monday, Elon Musk took a 9.2% stake in Twitter, according to a U.S. securities exchange filing. Mr. Musk’s stake is valued at $2.9 billion based on Friday’s closing price, and makes him Twitter’s largest shareholder, holding more than the company’s co-founder and former CEO Jack Dorsey. After Mr. Musk joined Twitter’s board, Mr. Dillon replied to the two-week old poll tweet on Tuesday saying, “Musk reached out to us before he polled his followers about Twitter's commitment to free speech. While crafting policies around content moderation and open-source algorithm could take much of Mr. Musk’s time at Twitter in the long-term, a fight with financial regulators in the U.S. will be an urgent priority. While crafting open-source algorithm could take much of Mr. Musk’s time at Twitter, a fight with financial regulators in the U.S. will be an urgent priority for him.

Free Speech Musk Elon Musk Platform Million Poll Sec His Followers Twitter Dillon Financial Regulators  platform  elon  board  million  musks  seat  speech  earns  platforms  twitter  twitters  mr  poll  musk

History of this topic

Musk Inc is under serious threat
6 days, 15 hours ago

Musk Inc is under serious threat

Hindustan Times  

UNTIL RECENTLY Elon Musk had little need to look over his shoulder. He once described competition for Tesla, his electric-vehicle company, as “the enormous flood of gasoline cars pouring out of the world’s factories every day”, rather than the “small trickle” of other EV-makers. On March 18th the Chinese firm unveiled a charging system that it said could power an …

Elon Musk is being vilified by deranged hate-filled liberals trying to destroy his legacy as Telsa Cybertrucks are torched and showrooms vandalised
2 weeks, 6 days ago

Elon Musk is being vilified by deranged hate-filled liberals trying to destroy his legacy as Telsa Cybertrucks are torched and showrooms vandalised

Daily Mail  

When we look back at the 2020s one figure will stand out for the multiple ways in which he changed our lives, mostly for the better: Elon Musk. Where the climate lobby thought – mistakenly – that it could force electric cars on drivers through the blunt instrument of bans, quotas and targets, Musk succeeded in making the vehicles attractive …

Elon Musk mocked for failure trifecta as Twitter suffers 'major outage'
2 weeks, 6 days ago

Elon Musk mocked for failure trifecta as Twitter suffers 'major outage'

Raw Story  

The social media site X is experiencing a "major outage," reported The Independent on Monday, and it has become another red flag that billionaire Elon Musk is not the business "genius" that he has long been touted as. Many social media accounts on Twitter alternative BlueSky were quick to pile on the latest Musk flub, which has also included recent …

Elon Musk names 5 ‘ActBlue’ funded groups responsible for Tesla protests in explosive claim; Who are they?
3 weeks, 2 days ago

Elon Musk names 5 ‘ActBlue’ funded groups responsible for Tesla protests in explosive claim; Who are they?

Hindustan Times  

Elon Musk, the CEO of Tesla and SpaceX, made an explosive tweet, claiming that five groups associated with ActBlue, a significant Democratic fundraising platform, are planning a coordinated effort against Tesla. Elon Musk further named prominent individuals who are reportedly funding these organisations, such as hedge fund mogul Herbert Sandler, LinkedIn co-founder Reid Hoffman, and billionaire philanthropist George Soros. Musk …

Musk to Face Questioning in Suit Over Twitter Buyout Flip-Flop
3 weeks, 2 days ago

Musk to Face Questioning in Suit Over Twitter Buyout Flip-Flop

Live Mint  

Elon Musk is set to be questioned under oath about his 2022 acquisition of Twitter Inc. in an investor lawsuit alleging that his on-again off-again move to purchase the social media platform was a ruse to lower its stock price. While Musk has been busy lately as a key adviser to President Donald Trump on government cost-cutting efforts, he’s also …

Elon Musk called out by Jon Stewart over ‘propagandist’ Daily Show claim
3 weeks, 6 days ago

Elon Musk called out by Jon Stewart over ‘propagandist’ Daily Show claim

The Independent  

Sign up to our free IndyArts newsletter for all the latest entertainment news and reviews Sign up to our free IndyArts newsletter Sign up to our free IndyArts newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Jon Stewart has issued a direct message to Elon Musk after …

Musk is a walking posterboy for overturning a major Supreme Court decision
4 weeks, 1 day ago

Musk is a walking posterboy for overturning a major Supreme Court decision

Raw Story  

These are the times that try men’s souls… Tyranny, like hell, is not easily conquered. The compelling government interest in protecting democracy SCOTUS found in CU that limiting political donations was a prohibited ban on free speech because “political speech must prevail against laws that would suppress it, whether by design or inadvertence.” We have entered the terminus stage of …

Memo to Jeff Bezos: Never has a free press been more important
1 month ago

Memo to Jeff Bezos: Never has a free press been more important

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Speech is …

Who is DataRepublican, tech expert guiding Musk on federal cuts?
1 month ago

Who is DataRepublican, tech expert guiding Musk on federal cuts?

Firstpost  

An anonymous account on X called DataRepublican has been suggesting Elon Musk where to make federal cuts. Known as the “DataRepublican” on X, the anonymous account’s alleged findings of government waste have often been shared by the billionaire. This tweet was quoted by Musk, who said it was “interesting.” In a recent interview with NewsNation, Pounds when asked about how …

Elon Musk's one-word reaction to Jeff Bezos’ Washington Post policy change that prompted opinion editor to resign
1 month ago

Elon Musk's one-word reaction to Jeff Bezos’ Washington Post policy change that prompted opinion editor to resign

Hindustan Times  

Jeff Bezos, the billionaire owner of the Washington Post, declared that the publication would only support opinions on “personal liberties” and “free markets,” prompting the news outlet’s opinion editor to resign. Elon Musk shared his reaction to Jeff Bezos’ Washington Post policy change on X. “Jeff Bezos has just sent an email to WaPo employees informing them that the opinion …

That's only 4: Musk's cheeky reply to man's explicit email on work log ultimatum
1 month ago

That's only 4: Musk's cheeky reply to man's explicit email on work log ultimatum

India Today  

Elon Musk doesn’t shy away from taking tough calls. The billionaire’s weekend edict to all federal employees in the US, asking them to list five things they accomplished in the last week or face dismissal, has evoked sharp and colourful responses from US citizens. The Department of Health and Human Services warned employees to avoid mentioning specific contracts or sensitive …

'Straight up extortion': 'Disturbing' report of X threats unnerves even pro-Trump author
1 month, 1 week ago

'Straight up extortion': 'Disturbing' report of X threats unnerves even pro-Trump author

Raw Story  

A lawyer from Elon Musk's X has threatened companies into And social media users were unnerved by the report. "Truly disturbing report in the WSJ," pro-Trump author Batya Ungar-Sargon wrote on X. "Lawyers at Twitter are threatening advertisers to spend more money on X 'or else' X owner Elon Musk will leverage his close relationship with Trump to torpedo mergers. …

Top Democrats Fear Elon Musk Will ‘Enrich’ Himself In Newest Move
1 month, 1 week ago

Top Democrats Fear Elon Musk Will ‘Enrich’ Himself In Newest Move

Huff Post  

LOADING ERROR LOADING Two top Democrats raised concerns about an Elon Musk-led effective shuttering of a consumer financial watchdog as the world’s richest man launches his own payment system. Elizabeth Warren, the top Democrat on the Senate Banking Committee, and Adam Schiff demanded that staffers at Musk’s “Department of Government Efficiency” be removed from the Consumer Financial Protection Bureau amid …

Report suggests Elon Musk’s X is raising cash from investors
1 month, 1 week ago

Report suggests Elon Musk’s X is raising cash from investors

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s social media platform …

Trump, Elon Musk bash Reuters over government 'social deception' contract
1 month, 2 weeks ago

Trump, Elon Musk bash Reuters over government 'social deception' contract

India Today  

US President Donald Trump and billionaire Elon Musk launched a broadside against Reuters, alleging that the news agency's parent company benefited from a multimillion-dollar Pentagon contract aimed at combating cyber threats. Musk, who is leading the Department of Government Efficiency under Trump’s direction to restructure federal agencies and cut government spending, took to social media to question the contract's legitimacy. …

Trump settles suit against Elon Musk’s X over his post-Jan. 6 ban
1 month, 2 weeks ago

Trump settles suit against Elon Musk’s X over his post-Jan. 6 ban

Associated Press  

WASHINGTON — President Donald Trump has settled a lawsuit against Elon Musk’s X over the social media platform, formerly known as Twitter, banning him after the Jan. 6, 2021 attack on the Capitol, according to a person familiar with the matter. Musk, who bought Twitter in 2022 and renamed it to X, spent more than $200 million helping boost Trump’s …

Musk agrees to pay Trump $10m to settle lawsuit over his Twitter ban after January 6 riot
1 month, 2 weeks ago

Musk agrees to pay Trump $10m to settle lawsuit over his Twitter ban after January 6 riot

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk‘s X has agreed to pay Donald Trump about …

Musk’s X agrees to pay about $10 million to settle Trump lawsuit
1 month, 2 weeks ago

Musk’s X agrees to pay about $10 million to settle Trump lawsuit

Live Mint  

WASHINGTON—Elon Musk’s X has agreed to pay about $10 million to settle a lawsuit that Donald Trump brought against the company and its former chief executive, according to people familiar with the matter. The agreement makes X the second social-media platform to settle litigation that Trump filed when the companies deplatformed him over his role in the Jan. 6, 2021, …

Elon Musk's X settles Trump lawsuit over ban: report
1 month, 2 weeks ago

Elon Musk's X settles Trump lawsuit over ban: report

Deccan Chronicle  

Elon Musk's social media platform X has agreed to settle a lawsuit over what was then Twitter banning Donald Trump after the mob attack on the US Capitol on January 6, 2021, a newspaper said Wednesday.X has agreed to pay about $10 million to settle a lawsuit that Trump filed against Twitter and its former chief executive Jack Dorsey protesting …

Elon Musk's X forks over millions to settle lawsuit with Trump: report
1 month, 2 weeks ago

Elon Musk's X forks over millions to settle lawsuit with Trump: report

Raw Story  

The world's richest man is forking over millions to President Donald Trump to settle a lawsuit filed against his social media platform, X. Elon Musk’s company agreed to pay about $10 million in the deal with Trump, who sued the company and its former CEO, the Wall Street Journal reported Wednesday evening. Trump sued Twitter in July 2021 accusing the …

Elon Musk agrees to pay Donald Trump $10 million to settle lawsuit against Twitter
1 month, 2 weeks ago

Elon Musk agrees to pay Donald Trump $10 million to settle lawsuit against Twitter

India Today  

Elon Musk’s social media platform X has agreed to pay US President Donald Trump $10 million to settle an old lawsuit against Twitter, according to a report by The Wall Street Journal. Reportedly, the $10 million settlement would be in addition to the estimated $250 million that Musk apparently spent on supporting Trump’s election campaign last year. Trump will be …

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal
1 month, 2 weeks ago

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI boss Sam Altman says that Elon Musk is an “unhappy” person who …

Elon Musk’s $97bn offer is a nuisance for Sam Altman’s OpenAI
1 month, 2 weeks ago

Elon Musk’s $97bn offer is a nuisance for Sam Altman’s OpenAI

Live Mint  

For most startups, a buyout offer nearing $100bn is something to be celebrated. Mr Musk, who helped found the firm, is in an escalating feud with Sam Altman, OpenAI’s boss, over its transition to a more orthodox, profit-seeking corporate structure, which Mr Musk claims would be a betrayal of its original safety-first mission. On X, Mr Musk’s social network, Mr …

Trump news: The Elon Musk Time magazine cover controversy, explained.
1 month, 3 weeks ago

Trump news: The Elon Musk Time magazine cover controversy, explained.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. As we steel ourselves for four more years of Donald Trump occupying valuable real estate in our brains and causing arguments over family dinners, I have one urgent request: Please don’t force me to care about the cover of …

Elon Musk says he has no interest in acquiring TikTok's US operations
Trending News
1 month, 3 weeks ago

Elon Musk says he has no interest in acquiring TikTok's US operations

Firstpost  

Musk, however, said he did not wish to acquire the company. “I’m not chomping at the bit to acquire TikTok” Elon Musk, the world’s richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok’s operations in the United States, in comments released Saturday. “I’ve not put in a …

Elon Musk brings Twitter-style chaos to US government, sparking controversy
1 month, 3 weeks ago

Elon Musk brings Twitter-style chaos to US government, sparking controversy

India Today  

When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround. “It isn’t working,” said Ross Gerber, a minority stockholder at X who has written down his stake to zero and expects Musk to fail in Washington, too. “For a lot …

The slash-and-burn tactics Musk brings to Washington often backfired at Twitter
1 month, 3 weeks ago

The slash-and-burn tactics Musk brings to Washington often backfired at Twitter

Associated Press  

When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround. “It isn’t working,” said Ross Gerber, a minority stock holder at X who has written down his stake to zero and expects Musk to fail in Washington, too. “For a …

News Organizations Debunk Musk's Lies About Their Funding
1 month, 3 weeks ago

News Organizations Debunk Musk's Lies About Their Funding

Huff Post  

LOADING ERROR LOADING Billionaire Elon Musk, the head of Trump’s so-called Department of Government Efficiency, has set his eyes on a new target: government agencies’ media subscriptions. Press secretary Karoline Leavitt on Wednesday told reporters government agencies pay for subscriptions to news agencies like Politico. They also noted the difference between its news websites — Politico.com and Politico.eu, which rely …

Why the "President Elon Musk" mockery doesn't seem to bother Donald Trump
1 month, 3 weeks ago

Why the "President Elon Musk" mockery doesn't seem to bother Donald Trump

Salon  

In response to billionaire Elon Musk's unlawful takeover of the Treasury Department, about 1,000 citizens and elected Democrats gathered in Washington on Tuesday to protest. Demonstrators waved signs blasting "President Musk" or "King Elon," noting that no one had elected the Trump adviser to serve as the power behind the throne. To understand Trump's indifference, it helps to look back …

Musk Uses His X Ownership And White House Position To Push Trump Priorities, Intimidate Detractors
Trending News
1 month, 3 weeks ago

Musk Uses His X Ownership And White House Position To Push Trump Priorities, Intimidate Detractors

Huff Post  

WASHINGTON, DC - JANUARY 19: SpaceX and Tesla CEO Elon Musk, with his son X, speaks at President-Elect Donald Trump's victory rally at the Capital One Arena on January 19, 2025 in Washington, DC. Kevin Carter via Getty Images WASHINGTON — The emergence of X owner Elon Musk as the most influential figure around President Donald Trump has created an …

Elon Musk shares TikToker’s angry rant defending Tesla CEO, ’Show your utter stupidity’
Trending News
1 month, 3 weeks ago

Elon Musk shares TikToker’s angry rant defending Tesla CEO, ’Show your utter stupidity’

Live Mint  

As the debate over Elon Musk’s expanding influence within the US government intensifies, a recent TikTok video shared by Musk on X defends his criticism of government inefficiencies. Elon Musk’s rapid takeover of US agencies Elon Musk’s swift actions in taking control of two key US government agencies have raised alarms among federal employees and legal experts. "Reports that individuals …

Elon Musk is shredding America’s government like he did Twitter
1 month, 3 weeks ago

Elon Musk is shredding America’s government like he did Twitter

Live Mint  

Just past midnight on February 3rd, Elon Musk appeared on X to explain what he is doing to the federal government. That followed a weekend in which the agency’s website went offline; its X feed was deleted; and workers from Mr Musk’s new government unit, the Department of Government Efficiency, or DOGE, reportedly tried to enter the agency and were …

'Outrageous': Lawmaker blasts Musk after eyebrow-raising new report on DOGE team
Trending News
1 month, 3 weeks ago

'Outrageous': Lawmaker blasts Musk after eyebrow-raising new report on DOGE team

Raw Story  

A report that tech billionaire Elon Musk is using young, inexperienced engineers to orchestrate control of the federal payment system came under heavy fire when a CNN anchor asked the top Democratic member on the House Oversight Committee, who came loaded with plenty of his own questions. “I think it's outrageous,” Rep. Gerry Connolly told CNN’s Erin Burnett on Monday …

"Hitler actually had some decent points": Musk's covert coup is guided by internet trolls
1 month, 3 weeks ago

"Hitler actually had some decent points": Musk's covert coup is guided by internet trolls

Salon  

Things seemed bleak enough when our collective assumption was that Donald Trump, having won the election, would be our president. One of Musk's ad hoc Twitter troll "advisors" is Michael Benz, a former Trump State Department official who has rebranded as a MAGA influencer. Musk is a big fan of Benz, constantly boosting Benz's elaborate conspiracy theories accusing the U.S. …

Letters to the Editor: Elon Musk’s illegal takeover of the U.S. government needs to stop now
1 month, 3 weeks ago

Letters to the Editor: Elon Musk’s illegal takeover of the U.S. government needs to stop now

LA Times  

To the editor: First, President Trump illegally froze the distribution of funding allocated by Congress. Next, Elon Musk’s unelected “DOGE” minions entered the Office of Personnel Management and gained access to private information about millions of federal employees. They now have the power to stop funding, have access to information about Musk’s competitors, and — worst of all — they …

‘Shadow government’? Billionaire Elon Musk’s grip on U.S. government spending raises questions
1 month, 3 weeks ago

‘Shadow government’? Billionaire Elon Musk’s grip on U.S. government spending raises questions

LA Times  

Susan Schorr holds an anti-Elon Musk sign and an American flag in protest outside the headquarters of the U.S. Agency for International Development in Washington on Monday. Schumer said DOGE employees doing Musk’s bidding had on Friday “forcefully gained access” to the Treasury Department’s payment system and “the most sensitive information of virtually every U.S. citizen,” including Social Security data, …

Elon Musk Is Running the Twitter Playbook on the Federal Government
55 years, 2 months ago

Elon Musk Is Running the Twitter Playbook on the Federal Government

Wired  

Elon Musk is only one week into his role in President Donald Trump’s new administration, but the US federal government is already rolling out the Twitter playbook to manage its spending and personnel. On Tuesday, federal employees received an email that mirrors the “Fork in the Road” missive sent to Twitter staff shortly after Musk bought the company in 2022. …

Elon Musk calls X’s revenue ‘unimpressive,’ warns employees of ‘very dire situation’
2 months ago

Elon Musk calls X’s revenue ‘unimpressive,’ warns employees of ‘very dire situation’

Live Mint  

While Elon Musk is often seen publicly praising how X, formerly Twitter, has grown since he took over the company, the billionaire has revealed a very different side of the equation in an email to his employees. Musk told X employees in an email that the company is in “a very dire situation from a revenue standpoint”. The billionaire went …

Elon Musk says ‘something needs to change’ as TikTok goes dark in US, flags ‘unbalanced’ situation
2 months, 1 week ago

Elon Musk says ‘something needs to change’ as TikTok goes dark in US, flags ‘unbalanced’ situation

Live Mint  

Elon Musk, the CEO of X, has voiced his opposition to the TikTok ban in the United States, emphasizing the importance of freedom of speech. In a recent post on X, Elon Musk shared his stance on the ongoing debate surrounding the potential ban of TikTok in the United States. Despite acknowledging that such a move could benefit his platform, …

Government Efficiency Could Have Stopped Elon Musk
55 years, 2 months ago

Government Efficiency Could Have Stopped Elon Musk

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. After boosting Donld Trump through extreme sycophancy, turning Twitter into the red-pilled X, and dousing the once-and-future president with $239 million in campaign contributions, Musk earned himself a starring role in Trump’s second administration. The Department of Government Efficiency, …

Elon Musk leaks DMs and rips into popular gamer amid Path of Exile criticism
2 months, 2 weeks ago

Elon Musk leaks DMs and rips into popular gamer amid Path of Exile criticism

Hindustan Times  

Elon Musk's gaming prowess has come under fire after accusations surfaced suggesting he may have exaggerated his skills. Elon Musk has been weighing in on UK politics This sparked a heated response from popular streamer Asmongold, who criticised Musk’s gameplay, leading the Tesla CEO to leak their private messages in retaliation. Famous Twitch streamer Asmongold publicly criticised Musk’s gameplay, calling …

Elon Musk sued by US markets regulator over Twitter stake disclosure
Trending News
2 months, 2 weeks ago

Elon Musk sued by US markets regulator over Twitter stake disclosure

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Under SEC rules, investors must report within 10 days …

US SEC sues Elon Musk for securities violation, claims he underpaid by $150 million for Twitter shares
2 months, 2 weeks ago

US SEC sues Elon Musk for securities violation, claims he underpaid by $150 million for Twitter shares

Hindustan Times  

The US Securities and Exchange Commission or SEC has filed a lawsuit against Elon Musk, the world's richest person, alleging that he violated securities law related to his $44 billion acquisition of Twitter. Tesla and SpaceX CEO Elon Musk listens as Republican presidential nominee former President Donald Trump speaks at a campaign event at the Butler Farm Show, on Oct. …

US securities regulator sues Musk over purchase of Twitter shares
Top News
2 months, 2 weeks ago

US securities regulator sues Musk over purchase of Twitter shares

Deccan Chronicle  

The United States Securities and Exchange Commission has sued Elon Musk, arguing that his purchase of Twitter shares in 2022 was carried out with violations, the regulator said in a filing published Tuesday. "Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of …

US market watchdog sues Musk for hiding stakes in Twitter, buying it at 'artificial lower price'
2 months, 2 weeks ago

US market watchdog sues Musk for hiding stakes in Twitter, buying it at 'artificial lower price'

Firstpost  

The US’s Securities and Exchange Commission filed a lawsuit against Elon Musk, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that allowed him to buy shares at ‘artificially low prices’ A lawsuit has been filed against Elon Musk by the US markets watchdog – Securities and …

The SEC Is Suing Elon Musk. It’s All in the Timing
55 years, 2 months ago

The SEC Is Suing Elon Musk. It’s All in the Timing

Wired  

With the clock running out on the Biden administration, the US Securities and Exchange Commission has sued Elon Musk in federal court. “As a result, Musk was able to continue purchasing shares at artificially low prices,” the SEC alleges, “allowing him to underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.” The …

SEC Accuses Elon Musk Of Buying Up Twitter Stock At Deflated Price
2 months, 2 weeks ago

SEC Accuses Elon Musk Of Buying Up Twitter Stock At Deflated Price

Huff Post  

LOADING ERROR LOADING The Securities and Exchange Commission has filed a lawsuit against Elon Musk alleging that in the lead-up to his acquisition of Twitter in 2022, he illegally failed to disclose he’d amassed a large portion of stock in the company ― allowing him to buy more shares of the platform at “artificially low prices.” The SEC lawsuit, filed …

US government sues Elon Musk for allegedly failing to disclose Twitter stock ownership
Trending News
2 months, 2 weeks ago

US government sues Elon Musk for allegedly failing to disclose Twitter stock ownership

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he …

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
Top News
2 months, 2 weeks ago

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it

Live Mint  

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 million” for shares he bought after he should have disclosed his …

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
2 months, 2 weeks ago

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it

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 million” for shares he bought after he should have disclosed his …

Discover Related