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The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock ...
Elon Musk apparently has one last battle to wage with outgoing Securities and ... Musk disclosed he had purchased 9% of the shares of Twitter ahead of his purchase of the entire company later that ...
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
Billionaire Elon Musk appears to have revealed that the Securities and Exchange Commission issued him a "settlement demand," sharing the news in a post on his social media platform, X. Musk on ...
The investigation, which escalates a long-running feud between the SEC and Musk, concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which Musk renamed X ...
Business magnate Elon Musk purchased the social media company Twitter for $44 billion on October 27, 2022, following a lengthy process that began when Musk made the initial purchase offer on April 14, 2022, then later rescinded the deal after it was accepted.