SEC sues Elon Musk for allegedly failing to properly disclose his Twitter ownership stake

  • CNN
  • January 14, 2025
New York

CNN

 — 

The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at "artificially low prices."

This is a developing story and will be updated.