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149 new news items in the last 24 hours
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  2. International

Elon Musk has agreed to pay a fine of 1.5 million dollars to settle a government lawsuit related to the secret acquisition of Twitter shares.

Lara Maior
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5 May 2026, 05:06
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International
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Elon Musk agreed on Monday, May 4, to pay a small sum to settle a government lawsuit accusing him of violating stock market rules. He was accused of secretly buying Twitter shares before his $44 billion takeover of the social media platform in 2022. As part of the agreement, Musk's trust will pay a fine of $1.5 million. This deal comes in the context of Musk being the subject of an investigation into his behavior in the capital markets, which has generated controversy and discussions about the transparency of his acquisitions. This solution allows Musk to avoid a broader lawsuit and potential additional legal repercussions.

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Le Monde
Musk agrees to pay $1.5 million over Twitter share buying
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The Guardian EU
Elon Musk settles SEC lawsuit over Twitter purchase and agrees to pay $1.5m fine

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