Elon Musk Mocks US Regulator Amid Twitter Stock Probe

e implanted in the human brain. Musk’s attorney, Alex Spiro, sent a letter to SEC Chair Gary Gensler, accusing the agency of giving Musk a 48-hour ultimatum to settle or face legal charges related to his acquisition of Twitter.

Since rebranding Twitter as ‘X,’ Musk has faced scrutiny from the SEC. In 2022, lawmakers raised concerns about potential investor deception regarding Neuralink’s brain implant safety. Despite these challenges, it remains to be seen how effective the SEC can be in taking action against Musk.

Musk’s involvement in politics, including support for Donald Trump’s campaign and appointment to a task force aimed at government restructuring, raises questions about regulatory oversight for his companies. Despite legal threats from the SEC, Musk’s lawyer emphasized their readiness to pursue legal action if necessary.

Recent tension between Musk and the SEC stems from missed court-ordered depositions related to the Twitter acquisition investigation. In past conflicts, Musk paid fines and relinquished his Tesla chairmanship over misleading Tweets about taking Tesla private.

As the saga between Elon Musk and the SEC continues, it highlights the complexities of regulatory oversight in the world of high-stakes finance and innovative technology. Stay tuned for updates as this story unfolds.