SEC Settles Lawsuit Against Elon Musk Over Twitter Stock Disclosures for $1.5 Million
The Securities and Exchange Commission ended a case accusing Musk of concealing his Twitter stock purchases. He agreed to pay $1.5 million.
The Securities and Exchange Commission ended a case accusing Musk of concealing his Twitter stock purchases. He agreed to pay $1.5 million.
Canadian quantum computing company Xanadu (XNDU) plunged over 67% in pre-market trading after filing to register 294 million shares for resale with the SEC.
Tesla values Musk’s 2025 compensation at $158bn in SEC filings, but discloses he has not achieved any of the milestones required to receive the pay.