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SEC Issues Settlement Demand to Elon Musk With 48-Hour Deadline

  • The SEC has given Elon Musk 48 hours to settle or face charges over his 2022 Twitter purchase and Neuralink involvement.
  • Elon Musk has criticized the SEC as a "weaponized institution" for political motives and regulatory overreach.
  • The SEC probe focuses on Musk's 2022 acquisition of Twitter stock and the possibility of delayed disclosures.
  • Musk's standoff with the SEC has sparked conversations about regulatory power and its impact on businesses.

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