The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in 2022.

Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022, and ...

The SEC said Musk did not disclose his stake until April 4, 2022, 11 days after the deadline, by which time he owned more than 9% of Twitter’s shares. Twitter’s share price rose more than 27% ...

Elon Musk’s escalating feud with US President Donald Trump now threatens billions in federal contracts and intensifies ...

President Trump told reporters Thursday that Elon Musk opposes his “big, beautiful bill” because it removes the electric vehicle mandate that subsidizes Tesla. Musk responded in real time, only adding ...

The fallout from Elon Musk’s bitter public spat with Donald Trump struck an immediate blow, sending shares in the billionaire’s company Tesla tumbling. But the damage risks spreading much further as ...