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US: SEC sues Elon Musk for securities violation over X

Deutsche Welle Wednesday, 15 January 2025 ()
US financial regulator has sued Elon Musk for failing to properly disclose his purchase of Twitter shares that allowed him to buy stock at "artificially low prices."
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Elon Musk Elon Musk South African-born businessman (born 1971)

Musk sued over buying Twitter shares at artificially low prices by US finance regulator

Elon Musk is being sued for failing to disclose his purchase of more than 5% of Twitter stock in a timely fashion.
Sky News

TikTok reacts to report of Musk ownership to prevent US ban

TikTok has described a report it could sell its threatened US business to Elon Musk as "pure fiction".
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LA Unstoppable Wildfires Day 6: Elon Musk's Cybertrucks To Douse Biggest Fire of Pacific Palicades [Video]

LA Unstoppable Wildfires Day 6: Elon Musk's Cybertrucks To Douse Biggest Fire of Pacific Palicades

Elon Musk is stepping up to assist California amid the devastating wildfires, using his companies, Tesla and Starlink, to provide essential services. Musk announced plans to use Tesla Cybertrucks equipped with Starlink technology to deliver free internet to areas without connectivity in Los Angeles and Malibu. The initiative will allow the trucks to serve as mobile base stations, offering power and internet to affected regions. This comes shortly after Musk's decision to supply free Starlink terminals in areas where cell service has been lost. Additionally, billionaire hedge fund manager Bill Ackman suggested using satellites, drones, and AI to prevent and manage wildfires. Despite mixed reactions, Musk emphasized the importance of helping communities and saving lives. #ElonMusk #TeslaCybertruck #Starlink #CaliforniaFires #WildfireRelief #FreeInternet #LosAngeles #Malibu #FirePrevention #TechnologyForGood #CybertruckAid #MuskInitiative #SpaceX #BillAckman #TechInnovation Also Read Elon Musk Sends Cybertrucks And Starlink To Boost L.A. Wildfire Relief Efforts - Here's How It Will Help :: https://www.oneindia.com/international/elon-musk-sends-cybertrucks-and-starlink-to-boost-l-a-wildfire-relief-efforts-heres-how-it-will-4041241.html?ref=DMDesc Elon Musk's AI Ventures: Why NVIDIA's CEO Thinks He's On The Right Track :: https://www.oneindia.com/international/elon-musks-ai-ventures-why-nvidias-ceo-thinks-hes-on-the-right-track-4041147.html?ref=DMDesc Elon Musk Vs. Olaf Scholz: How The Tesla CEO’s Endorsement Of AfD Is Shaking Up Germany’s Snap Elections :: https://www.oneindia.com/international/elon-musk-vs-olaf-scholz-how-the-tesla-ceo-s-endorsement-of-afd-is-shaking-up-germany-s-snap-elect-4040299.html?ref=DMDesc ~HT.97~GR.125~ED.194~

Credit: Oneindia    Duration: 03:04Published

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U.S. Securities and Exchange Commission U.S. Securities and Exchange Commission Government agency overseeing stock exchanges

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