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Musk facing SEC claims in Trump era means ‘all bets are off’

  • Elon Musk faces a fresh US regulatory lawsuit regarding his missed deadline for disclosing his growing stake in Twitter before attempting to take over the social media platform.
  • The SEC estimates that this cost Twitter shareholders over $150 million.
  • The outcome of this case is uncertain due to the involvement of both Trump and Musk.
  • The SEC could drop the case without a judge's involvement, but doing so may raise political concerns.

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