Browsing: Elon Musk

Reportedly, the SEC filed a lawsuit against Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that allowed him to buy shares at “artificially low prices.”

Chinese officials are reportedly considering selling TikTok’s U.S. operations to Elon Musk before the social media app’s sell-or-buy decision before Jan. 19.