Tech

Tech Giants Settle SEC Lawsuit, Continue Legal Battles

Updated 2026-05-04 22:15 UTC 1 source Neutral

Elon Musk has settled the Securities and Exchange Commission’s lawsuit over his acquisition of Twitter for a sum that appears to be a bargain. However, he continues legal battles with Sam Altman.

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The Verge
Last year, the SEC sued Elon Musk over the way his acquisition of Twitter (now X, and a part of SpaceX) started, and today it announced a settlement that looks like a massive bargain, while Musk's own lawsuit against Sam Altman continues to play out. A week before the Trump administration took over,
2026-05-04 22:11 UTC
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