May 4 : Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X.A trust in Musk's name will pay a $1.5 million civil penalty, without admitting wrongdoing. Musk

WASHINGTON/NEW YORK, May 4 : Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X.A trust in Musk's name will pay a $1.5 million civil penalty, without admitt