December 6, 2023
Elon Musk under investigation by US agency for $44bn takeover of Twitter

Securities and Exchange Commission inquiring whether Musk broke federal law in 2022 when he bought stock in the platform

Elon Musk is under investigation by the US Securities and Exchange Commission over his $44bn takeover of social media giant Twitter, it was revealed on Thursday.

The investigation concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which he later renamed X, as well as statements and SEC filings he made about the deal.

Continue reading…

Disclaimer : "The information presented in this article is for general informational purposes only. The author of this article makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the article or the information, products, services, or related graphics contained in the article for any purpose.The information provided in this content, including advice, is generic in nature and should not be considered a substitute for expert guidance from a qualified specialist in the relevant field. It is always recommended to consult with a specialist or verify the information on your own. Please note that is not responsible for any reliance on this information.

Leave a Reply

Your email address will not be published. Required fields are marked *