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Elon Musk to pay $1.5M fine to settle suit over delayed Twitter disclosures

Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Musk's name will pay a $1.5 million US fine.

First seen · 2:02 PM UTCMay 5, 2026

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CBC News
CenterCanadian Broadcasting Corporation
Elon Musk to pay $1.5M fine to settle suit over delayed Twitter disclosuresElon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Musk's name will pay a $1.5 million US fine.
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