SEC sues Elon Musk for allegedly screwing investors out of $150M before Twitter takeover

Plus: SpaceX rocket re-entries spark airline delays America's financial watchdog has sued Elon Musk, alleging the billionaire failed to disclose his acquisition of Twitter shares in a timely manner and was therefore able to acquire the social network for $150 million less than would otherwise have been the case.…

Jan 15, 2025 - 03:27
SEC sues Elon Musk for allegedly screwing investors out of $150M before Twitter takeover

Plus: SpaceX rocket re-entries spark airline delays

America's financial watchdog has sued Elon Musk, alleging the billionaire failed to disclose his acquisition of Twitter shares in a timely manner and was therefore able to acquire the social network for $150 million less than would otherwise have been the case.…