
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in a timely manner, saving himself at least $150 million “at the expense of shareholders.” The Tesla and SpaceX CEO acquired Twitter for $44 billion in October 2022 and rebranded it as X. Musk, the world’s richest man, is just days away from wielding enormous influence and power in the White House when President-elect Donald Trump takes office. Alongside...