Elon Musk will pay the SEC $1.5 million for the settlement, the judge has signed despite ‘great doubts’
A US federal judge has approved a settlement that will see Elon Musk pay $1.5 million to the US Securities and Exchange Commission (SEC) for failing to disclose his purchase of Twitter stock in 2022 within the legally required timeframe. Still, he wasn’t happy about it. The penalty is just a fraction of the amount … Read more