US Court Approves Elon Musk's Settlement With SEC, Orders $1.5Mln Penalty - Ruling

NAMPA / Sputnik

2026-07-09

WASHINGTON, July 9 (RIA Novosti) - A US court for the District of Columbia approved trillionaire entrepreneur Elon Musk's settlement with the US Securities and Exchange Commission (SEC), ordering him to pay a $1.5 million civil penalty over violations in his purchase of Twitter (now X), court documents reviewed by RIA Novosti showed. In early May, the SEC agreed to settle its lawsuit against Musk for alleged violations committed during his acquis......

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