Musk, Trump
Digest more
Top News
Impacts
Ars Technica |
The judge agreed that it seemed plausible that Musk and other defendants concocted a scheme to spend "over $2.6 billion to secretly purchase over 70 million shares" at an artificially lower price.
Yahoo |
A popular restaurant is shutting down roughly 2,000 locations after a rat was found in a bowl of soup, among other disturbing food findings.
Read more on News Digest
The U.S. Securities and Exchange Commission and Elon Musk have proposed a date for which the billionaire will respond to the lawsuit the regulator filed against him in January, according to a joint motion filed on Monday.
A representative of the Securities and Exchange Commission served Elon Musk earlier this month with a copy of a complaint about the purchase of Twitter stock.
The SEC is forming a liaison team with the "intent to partner" with Elon Musk's DOGE, an internal email reviewed by Reuters said.
Mexican Foreign Minister Juan Ramon de la Fuente spoke with the U.S. Deputy Secretary of State Christopher Landau on Wednesday in a call focused on strengthening bilateral relations, Mexico's foreign ministry said.
Elon Musk, the world's richest man and a top adviser to U.S. President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission's lawsuit against him, a court filing on Thursday showed.
An SEC spokesperson declined to comment on the vote when contacted by Ars today. The three current commissioners are Uyeda, Peirce, and Democrat Caroline Crenshaw. Gary Gensler, a Democrat who was chair under Biden, left upon Trump's inauguration. Democrat Jaime Lizárraga also resigned from the SEC in January.
Musk is accused of securities law violations related to his purchase of Twitter.
Elon Musk received a summons in connection with the SEC’s lawsuit over his alleged failure to properly disclose his Twitter stake before buying the company.