Elon Musk and the Securities and Exchange Commission are in discussions to settle a lawsuit the regulator filed in January 2025, accusing him of violating securities law during the lead-up to his Twitter buyout. The SEC alleged that Musk failed to disclose his growing stake in Twitter within the required 10-day window after crossing the 5% ownership threshold, allowing him to continue buying shares at “artificially low prices” at the expense of other investors. Musk previously settled separate civil securities fraud charges brought by the SEC at Tesla, where he and the company each paid $20M in fines, while a class-action lawsuit filed by former Twitter investors is also moving toward a jury verdict in San Francisco.
