Elon Musk to pay $1.5 million to settle SEC case on Twitter stake

IANS | May 5, 2026 10:50 AM

New Delhi, May 5 (IANS) Billionaire entrepreneur Elon Musk has agreed to pay $1.5 million to settle a case with the US Securities and Exchange Commission (SEC) over delayed disclosure of his stake in Twitter (now known as X), according to multiple reports.