Musk, SEC Prepare for Trial Over Twitter Stock Claims

Elon Musk and the U.S. Securities and Exchange Commission (SEC) have informed a judge that their dispute over Musk's alleged manipulation of Twitter stock before his 2022 acquisition is heading to trial. The SEC accuses the billionaire of misleading investors prior to his purchase of the social media platform. This legal battle signifies a potential escalation in the ongoing scrutiny of Musk's business dealings and regulatory compliance, particularly concerning his acquisition of Twitter, now known as X.