Elon Musk is romantic brother sister sex videosreportedly being investigated by the Securities and Exchange Commission over failure to disclose his significant purchase of Twitter stocks within the mandated time frame. According to The Wall Street Journal, this delay may have saved him over $143 million.
The Wall Street Journalreports that Tesla's CEO and Twitter's imminent owner is in trouble with the SEC yet again, with the federal government scrutinising Musk's investment in Twitter earlier this year. Under the Securities Exchange Actof 1934, investors who acquire over 5 percent of a publicly traded company are required to file a report notifying the SEC within 10 days of the acquisition. Musk bought enough Twitter shares to pass this 5 percent threshold on March 14, putting the deadline for disclosure at March 24.
However, rather than notifying the SEC of his shiny new Twitter stocks, Musk waited until the deadline passed before buying even more shares, putting his stake at 9.2 percent. The billionaire only filed his report with the SEC on April 4, 11 days after he was required to do so for the first purchase.
Twitter's stock price predictably shot up after Musk's disclosure, closing 27 percent higher on the first day as the market took notice of his interest in the microblogging platform. Musk's delay in disclosing thus gave him a window to purchase additional shares at a lower price than it would have otherwise sold for — an opportunity he took full advantage of.
Musk's tardiness and subsequent gain also came at a cost to other traders. In April, the billionaire became the subject of a proposed class action brought by former Twitter shareholders, who had sold their shares between the date Musk was obligated to report his stake and the date on which he actually did.
It isn't clear what consequences Musk might face if the SEC does decide to take action against him. But whatever it is, chances are he and his $224 billion net worth will just shrug it off. After all, Musk hasn't shown much respect for the SEC nor contrition for his actions in the past.
Topics X/Twitter Elon Musk
Best vacuum mop combo deal: Save $140 on the Tineco Floor One S5
Biggest Tech Fads of the Last Decade
Patched Laptops: Testing Meltdown & Spectre Patches on Ultraportable
NYT Connections Sports Edition hints and answers for May 21: Tips to solve Connections #240
The 'recession indicator' meme, explained
Mastering Gmail Search
Google introduces AI Ultra pro plan for whopping $250 a month
Chrome Tab Management Tips and Extensions
How to Watch Netflix with Friends Anywhere (and No, It's Not Illegal to Share Your Password)
AMD Radeon RX 550 + Intel Pentium G4560
Gods of War
One of Android's Easter Eggs is a Flappy Bird
Ryzen 5 1600X vs. 1600: Which should you buy?
Moto Z Battery Beast: Mod Delivers Best in Class Smartphone Battery Life
Amazon Prime Grubhub deal: Save $10 off orders of $20 or more
Using a 4K TV as a Desktop Monitor
How to watch Champions League, Europa League, and Conference League finals for free
NYT Strands hints, answers for May 21
The Mismeasure of Media
10 Tips for Good Smartphone Photography
Pod-Products for Pod-PeopleNo Safe HavenNo Sleep till AuschwitzWhat Women WantFreeSync on Nvidia GPUs Revisited23 And, Sadly, MeA Clean BreakMississippi’s Punishment MachineWhat happens when the Thwaites Glacier in Antarctica, the soNo Sleep till AuschwitzAs the World ChurnsState of the ArtFresh HellGatsbys of Our TimeMegalodon shark thrashed an ancient whale, scientists findTexas PlaguesIn the Claws of a Police StateA Tale of Two LockdownsTear Down This StatueNo Safe Haven Baseball fan's footrace with a superhero really couldn't have gone worse Wedding photo with actual explosion in it is the final word in dramatic wedding photos Here's why you should pay close attention to India's space program Amazon product pages went down, but cute dogs made everything better British politics right now is straight out of 'Veep,' says its creator Apple embraces in Your favorite board games have some pretty wacky origin stories Kevin Durant and Steph Curry's moms adorably celebrated their sons' Game 3 win together We've been waiting for this iOS 11 Gmail update for a long time Zena Cardman didn't always want to be a NASA astronaut, but she is one now Windows 10 Creators Update preview build teases new features 'Wonder Woman' keeps kicking butt, becomes most You can now watch a documentary about Cape Fear, surfing's most insane competition United Airlines can't stop screwing up, because now, well, this J.R. Smith tweets, then deletes, 'Cavs in 7' with Cleveland on brink of NBA Finals defeat NASA just picked 12 new astronauts out of 18,300 applicants, and they’re all awesome We really need to talk about 3 Who do you blame when good coders do bad things? Optimistic hero tries to save flooded street one bucket full of water at a time Teens are coming together to send Ramadan cards to every mosque in the U.S.
1.6831s , 10495.6640625 kb
Copyright © 2025 Powered by 【romantic brother sister sex videos】,Pursuit Information Network