SEC plans to reprimand Musk for skipping testimony on Twitter takeover

The Securities and Exchange Commission (SEC) plans to discipline billionaire Elon Musk for missing scheduled testimony in September as part of an investigation into his $44 billion acquisition of Twitter Inc. The SEC said in a filing Friday that the Tesla CEO was scheduled to testify before three SEC lawyers on Sept. 10. One of […]
Elon Musk facing potential sanctions for not testifiyng in Twitter probe

The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony in the regulator's investigation into the company's $44 billion acquisition of Twitter Inc. In a court filing, the SEC said its motion for sanctions seeks an order to show why […]
Elon Musk Makes His Largest Known Political Donation Ever To Boost House Republicans

Elon Musk increased his political donations in August, making it his largest donation to date, the National Republican Congressional Committee reported in a Federal Election Commission filing on Friday, Politico reported. The Republican National Congressional Committee (NRCC) reported a $289,100 donation from Musk to bolster Republican efforts to retain control of the House of Representatives. […]
Secret Service Probes Musk Over Tweet He Called A ‘Joke’: REPORT

Elon Musk is under investigation over questions about growing threats to his safety following the second assassination attempt on former President Donald Trump, Bloomberg reported Thursday. Following the assassination attempt on former President Trump on Sunday, Musk Tweet He questioned why so many Democrats want the former president killed. “And no one is even trying […]
Elon Musk Vows to Sue FAA over Agency’s ‘Lawfare’ Against SpaceX

SpaceX CEO Elon Musk announced that the company will file a lawsuit against the Federal Aviation Administration (FAA) over a proposed $633,009 fine related to last year's unauthorized launches, which Musk called a “legal war.” quartz Reports The FAA has proposed a massive $633,009 fine against Elon Musk's SpaceX for using unauthorized plans for two […]
‘BE CAREFUL’: Kevin O’Leary sends warning to Brazil amid Elon Musk feud

‘Shark Tank’ investor Kevin O’Leary weighs in on Tesla founder Elon Musk’s battle with Brazil and comments on U.S. markets. source
Elon Musk says SpaceX will sue FAA amid company facing fine for alleged launch, safety violations

Jared Isaacman, CEO of integrated payment processing solution Shift4, took part in the first-ever private spacewalk on Thursday, September 12, 2024. (Credit: @SpaceX via X) Elon Musk said Tuesday that SpaceX will file a lawsuit against the Federal Aviation Administration (FAA), accusing the agency of “regulatory overreach.” “SpaceX will be suing the FAA for regulatory […]
Elon Musk deletes his X post about ‘no one’ trying to kill Kamala Harris after latest Trump assassination attempt

Billionaire Elon Musk has since deleted a post he wrote on the social media platform shortly after the assassination attempt on President Donald Trump on Sunday, saying “No one is even trying to assassinate Kamala Harris or President Joe Biden.” The owner of X raised eyebrows with his response to an X user who asked, […]
EU official Thierry Breton, who clashed with Elon Musk, resigns

A leading French member of the European Union's powerful executive branch resigned on Monday, criticizing the leadership of European Commission President Ursula von der Leyen as she seeks to assemble a new team for the next five years. Thierry Breton, a French business executive and commissioner responsible for the EU's vast internal market, who recently […]
EU Censorship Czar Resigns in Wake of Public Battle With Elon Musk

Thierry Breton suddenly resigned as the European Commission's head of censorship after sparking public controversy by threatening to ban Elon Musk's X Platform in the European Union, citing “questionable governance” in Brussels. In his shock resignation letter posted on X, the Frenchman claimed that European Commission President Ursula von der Leyen had been working behind […]