Elon Musk to pay SEC $1.5 million settlement, judge signs off despite 'significant misgivings'

A U.S. federal judge has approved a settlement that will see Elon Musk pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) for failing to disclose his 2022 Twitter stock purchases within the legally required period.
Inc

Elon Musk’s Twitter Deal Looked Like a $44 Billion Disaster. Now, His Investors Stand to Make a 200 Percent Return—Thanks to a Brilliant (and Controversial) M&A Move

He wasn’t the only one caught up in the brouhaha, either. Of the $44 billion transaction, an estimated $10 billion came in the form of equity put up by outside investors, including both preexisting shareholders rolling over their stakes and new ones ...