The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.

The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, alleging that the billionaire failed to disclose his acquisition of Twitter stocks within the legally required timeframe in 2022. The most surprising aspect of this lawsuit is that it took so long to arrive.

According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

Could Elon Musk save TikTok in the US? China weighs option to sell the controversial TikTok social media app's US operations ahead of looming ban

China is reportedly exploring the possibility of selling TikTok's US operations to Elon Musk, according to Bloomberg. The move is said to be under consideration by China if TikTok is unable to avoid a potential ban in the US and can't sell the app to a US-approved buyer by this Sunday,

Wildfires have long been a challenge for California, where natural conditions and human activities combine to create severe fire seasons. These events often bring discussions about climate, resource management,