Technology

Elon Musk faces a federal probe over late disclosure of his initial Twitter stake

Elon Musk faces a federal probe over late disclosure of his initial Twitter stake

The US Securities and Exchange Commission (SEC) is investigating Elon Musk's belated disclosure of his purchase of more than 5 percent of Twitter's share, The Wall Street Journal reports. The lag allowed him to purchase more stock without alerting other shareholders, something that may have saved him a significant amount of money.

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