SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
The SEC on Tuesday filed a suit against Elon Musk, alleging the billionaire violated securities law by acquiring Twitter shares at "artificially low prices."
You're viewing a single thread.
People are hopping in to say this will be a nothingburger, but they're forgetting something very important.
Donald Trump is a giant, petulant, attention-obsessed baby. The whole President Musk thing has been needling him. Fascists are about as easy to bait into infighting as leftists, and we've placed a lot of bait. This provides Donald with an excellent moment to betray and cement his power over Elon.
Obv the power dynamics aren't fully known, maybe Elon is just an intermediary for Putin and Trump will have to just sit and take it, but I just cannot imagine Trump suffering in silence. Maybe this gets turned into an opening salvo.