In a letter posted by Musk on the platform now called X, his lawyer Alex Spiro tells the outgoing SEC chairman, Gary Gensler, that the commission’s demand for a monetary payment is a “misguided scheme” that won’t intimidate Musk. The letter also ...

Austin-based tech billionaire and soon-to-be DOGE co-chair Elon Musk is taking jabs at outgoing Securities and Exchange Commission Chairman Gary Gensler after he said the agency demanded he pay up to settle charges related to his purchases of shares of what was then known as Twitter in 2022.

Elon Musk appears to have revealed that the Securities and Exchange Commission issued him a "settlement demand" related to his $44 billion purchase of Twitter.

Elon Musk's ongoing feud with the Securities and Exchange Commission escalated Thursday when he publicly challenged the agency, claiming it gave him 48 hours to pay a penalty or face charges related to his Twitter acquisition.

Elon Musk says the Securities and Exchange Commission is investigating his brain implant company Neuralink Corp. and wants him to pay a penalty or face charges over what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022.