Musk seeks dismissal of SEC's lawsuit regarding his 2022 Twitter stake
ReutersAug 29, 2025 3:28 AM
Aug 28 (Reuters) - Billionaire Elon Musk on Thursday filed a motion to dismiss the U.S. Securities and Exchange Commission's civil lawsuit that accused him of waiting too long in 2022 to reveal his large stake in Twitter.
Musk later renamed the social media company X after buying it.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Alibaba’s Friday Earnings to Crown China Tech’s Q2 Winner
TradingKey - Names like JD.com, Pinduoduo, Tencent, and Alibaba represent the top-tier of Chinese tech stocks trading in the U.S. But their FY2025 Q2 earnings paint very different pictures.TradingKey
6 hours ago
NVIDIA Q2 FY2026: Surfing the AI Surge with Blackwell, Steering Through China’s Export Challenges
TradingKey - NVIDIA Corporation (NASDAQ: NVDA) reported strong Q2 FY2026 results on August 27, 2025, after market close, driven by robust AI-powered demand and adoption of its next-generation Blackwell GPU platform. The company delivered significant revenue and profit beats overall, with...TradingKey
Thu, Aug 28
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...TradingKey
Mon, Aug 18
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.TradingKey
Wed, Jul 16
CrowdStrike Stock Falls 9% After Disappointing Guidance: Time to Buy the Dip?
TradingKey - Cybersecurity is a booming industry, but even the best stocks can hit speed bumps. That’s exactly what happened to CrowdStrike Holdings Inc (NASDAQ: CRWD) after the company released its latest earnings report.TradingKey
Wed, Mar 5
