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Tesla CEO Elon Musk, shown in Washington in September 2023. (Elizabeth Frantz/For The Washington Post)

Elon Musk will pay $1.5 million to settle with SEC over late paperwork

 What to know

Elon Musk agreed to pay a $1.5 million fine in a settlement with the SEC over allegations he delayed disclosing his Twitter stock purchases, saving $150 million. Musk later acquired Twitter for $44 billion and renamed it X. The SEC sued Musk in January 2025, alleging he violated securities laws. Musk did not admit wrongdoing in the settlement, which awaits court approval.

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