The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.

The SEC alleges Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares.

Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

China is reportedly exploring the possibility of selling TikTok's US operations to Elon Musk, according to Bloomberg. The move is said to be under consideration by China if TikTok is unable to avoid a potential ban in the US and can't sell the app to a US-approved buyer by this Sunday,

Chinese officials are reportedly discussing the possibility of Bytedance selling TikTok’s US operations to Elon Musk. Wedbush Securities’ Dan Ives explains why Musk could be the most likely choice if

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