SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership

The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose his ownership in Twitter and buying shares at “artificially low prices.”

Jan 15, 2025 - 02:30
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SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose his ownership in Twitter and buying shares at “artificially low prices.”

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