Elon Musk agreed to pay a $1.5 million fine in a settlement with the SEC over allegations that in 2022 he cost Twitter shareholders $150 million by being late to disclose that he was amassing shares in the social network.
Elon Musk settled with the SEC in a case that alleged he saved $150 million in 2022 by filing paperwork disclosing purchases of Twitter shares 11 days late.
