SEC Escalates Conflict with Elon Musk

Oct 5th 2023 9:53pm EDT

Some people might be inclined to think that Elon Musk’s purchase of Twitter (which he renamed X) on October 28, 2022 was for a fair price. At that time, he paid $54.20 per share for a company that was trading at $38.76, or $15.44 over the market price (at 39% premium). Given that Mr. Musk […]

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