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Elon Musk Must Face Fraud Lawsuit Over Disclosure Of Twitter Stake
A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he had defrauded former Twitter shareholders by waiting too long to disclose his initial investment in the social media company, now known as X.
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Elon Musk Issued Summons Over Twitter Stake Disclosure
Elon Musk, the world's richest man and a top adviser to U.S. President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission's lawsuit against him, a court filing on Thursday showed.
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Elon Musk Sued by US SEC Over Late Disclosure of Twitter Stake
In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
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How Long Does It Take To Reach Elon Musk's Levels Of Wealth? The Answer Is...
In terms of his earnings from assets, Mr Musk's wealth primarily comes from his stakes in various companies like Tesla, SpaceX, X (formerly Twitter) and The Boring Company.
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BJP's Anil Vij Says Will Stake Claim For Haryana Chief Minister Post
Haryana minister Anil Vij has thrown his hat into the ring for the top post in the state in case of a BJP victory. In a post on X, formerly Twitter, he said there is a lot of public pressure on him regarding the issue.
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Musk Suggests Late Twitter Disclosure Was A Mistake, Seeks To End Lawsuit
Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake.
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Elon Musk Disregarded Warnings, Hid Twitter Stake, Claims US Lawsuit
Elon Musk ignored repeated warnings about the U.S. securities disclosure obligations potentially triggered by his growing stake in Twitter in 2022, according to a Morgan Stanley executive.
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Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Takeover: Report
Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 billion, the Wall Street Journal reported on Tuesday.
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Twitter Now Worth One-Third Of What Elon Musk Paid For It: Report
Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company.
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Elon Musk Seeks To End Lawsuit Over 'Inadvertent' Late Disclosure Of Twitter Stake
Elon Musk asked a U.S. judge to throw out a lawsuit claiming that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices because they were kept in the dark.
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Elon Musk's Ties To Other Countries "Worthy Of Being Looked At": Joe Biden
US President Joe Biden on Wednesday said that Twitter owner Elon Musk's ties with foreign countries were "worthy" of scrutiny, amid questions over the Saudi stake in the platform since the tycoon's takeover.
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Elon Musk's Twitter Investors Include Saudi Prince, Jack Dorsey, Qatar
Elon Musk bought Twitter Inc. last week for $44 billion with the help of Wall Street bank loans and shareholders who agreed to roll over their interest in the social media service in exchange for a stake of the new private company.
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US Lawmaker Urges Probe Into Saudi Arabia's Stake in Twitter
Democratic US Senator Chris Murphy said Monday he wants a U.S. national security review of Saudi Arabia's stake in Twitter after Elon Musk's takeover.
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Freeway Crypto Staking Platform Halts Some Services Citing Market Volatility
In a bid to keep its business afloat, Freeway has stopped buy and withdrawal services on its platform. For the time being, Freeway is also freezing its Supercharger feature, that can churn up to 43 percent annual yield rewards. The rather unfortunate circumstances for Freeway come at a time when the global crypto valuation is stuck at a lower point...
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Twitter Takeover Deal: How Elon Musk Plans to Pay $44 Billion to Acquire Twitter by October 28
Elon Musk must pay Twitter the agreed sum of $44 billion (roughly Rs. 3,62,500 crore) in order to close the Twitter buyout deal by October 28, failing which the judge will set a November date for the trial. Here's how the Tesla CEO and the world's richest man could secure financing for the deal, which is expected to be completed by the end of the m...
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Elon Musk Must Face Fraud Lawsuit Over Disclosure Of Twitter Stake
A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he had defrauded former Twitter shareholders by waiting too long to disclose his initial investment in the social media company, now known as X.
-
Elon Musk Issued Summons Over Twitter Stake Disclosure
Elon Musk, the world's richest man and a top adviser to U.S. President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission's lawsuit against him, a court filing on Thursday showed.
-
Elon Musk Sued by US SEC Over Late Disclosure of Twitter Stake
In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
-
How Long Does It Take To Reach Elon Musk's Levels Of Wealth? The Answer Is...
In terms of his earnings from assets, Mr Musk's wealth primarily comes from his stakes in various companies like Tesla, SpaceX, X (formerly Twitter) and The Boring Company.
-
BJP's Anil Vij Says Will Stake Claim For Haryana Chief Minister Post
Haryana minister Anil Vij has thrown his hat into the ring for the top post in the state in case of a BJP victory. In a post on X, formerly Twitter, he said there is a lot of public pressure on him regarding the issue.
-
Musk Suggests Late Twitter Disclosure Was A Mistake, Seeks To End Lawsuit
Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake.
-
Elon Musk Disregarded Warnings, Hid Twitter Stake, Claims US Lawsuit
Elon Musk ignored repeated warnings about the U.S. securities disclosure obligations potentially triggered by his growing stake in Twitter in 2022, according to a Morgan Stanley executive.
-
Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Takeover: Report
Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 billion, the Wall Street Journal reported on Tuesday.
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Twitter Now Worth One-Third Of What Elon Musk Paid For It: Report
Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company.
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Elon Musk Seeks To End Lawsuit Over 'Inadvertent' Late Disclosure Of Twitter Stake
Elon Musk asked a U.S. judge to throw out a lawsuit claiming that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices because they were kept in the dark.
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Elon Musk's Ties To Other Countries "Worthy Of Being Looked At": Joe Biden
US President Joe Biden on Wednesday said that Twitter owner Elon Musk's ties with foreign countries were "worthy" of scrutiny, amid questions over the Saudi stake in the platform since the tycoon's takeover.
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Elon Musk's Twitter Investors Include Saudi Prince, Jack Dorsey, Qatar
Elon Musk bought Twitter Inc. last week for $44 billion with the help of Wall Street bank loans and shareholders who agreed to roll over their interest in the social media service in exchange for a stake of the new private company.
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US Lawmaker Urges Probe Into Saudi Arabia's Stake in Twitter
Democratic US Senator Chris Murphy said Monday he wants a U.S. national security review of Saudi Arabia's stake in Twitter after Elon Musk's takeover.
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Freeway Crypto Staking Platform Halts Some Services Citing Market Volatility
In a bid to keep its business afloat, Freeway has stopped buy and withdrawal services on its platform. For the time being, Freeway is also freezing its Supercharger feature, that can churn up to 43 percent annual yield rewards. The rather unfortunate circumstances for Freeway come at a time when the global crypto valuation is stuck at a lower point...
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Twitter Takeover Deal: How Elon Musk Plans to Pay $44 Billion to Acquire Twitter by October 28
Elon Musk must pay Twitter the agreed sum of $44 billion (roughly Rs. 3,62,500 crore) in order to close the Twitter buyout deal by October 28, failing which the judge will set a November date for the trial. Here's how the Tesla CEO and the world's richest man could secure financing for the deal, which is expected to be completed by the end of the m...
