Tech

Musk Settles Twitter Lawsuit for $1.5 Million

Updated 2026-05-05 18:35 UTC 1 source Negative

Tesla CEO Elon Musk has settled a $150 million lawsuit with Twitter for just $1.5 million, after the SEC alleged he cheated investors by late disclosure.

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Ars Technica

Trump SEC lets Musk settle $150 million Twitter lawsuit for $1.5 million

SEC alleged Musk's late disclosure cheated Twitter investors out of $150 million.

2026-05-05 17:07 UTC