A letter from the Tesla and SpaceX CEO's attorney says the regulator has also reopened an investigation into his Neuralink brain implant company.
Elon Musk says the Sec urities and Exchange Commission is investigating his brain implant company Neuralink Corp. and wants him to pay a penalty or face charges over what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. The Texas tech titan posted a letter to the site, now known as X, suggesting the market regulator levied a fine and set a deadline to either pay up “or face charges on numerous counts.
Elon Musk’s Neuralink brain implant company expanding with $14.7 million facility in suburban Austin “Oh Gary, how could you do this to me?” Musk wrote. In a post earlier Thursday, he said, “The SEC is just another weaponized institution doing political dirty work.” In his letter, Spiro wrote that he was responding to demands from SEC staff members about a multi-year investigation of “certain purchases, sales and disclosures of Twitter shares.” The SEC has not released the letter.
What Elon Musk’s DOGE effort to cut government waste could mean for federal employees in Texas Musk sought to overturn part of the settlement that required him to have his postings about Tesla reviewed by a Tesla attorney. That provision, he contended, violated his free speech rights. The dispute made its way to the Supreme Court, which rejected Musk’s appeal without comment.
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