So the SEC is coming up with a guesstimate of what stocks would have sold for had his position been disclosed. Reality is Elon ate it on the transaction. If he's supposed to disclose a 5% position, then he should pa, whatever the fine/ damages are. But can we acknowledge Elon did overpay for twitter when he could have backed out or renegotiated? Can we acknowledge that Elon took a massive tax hit to pull off this transaction? Can we acknowledge that Elon willfully drove away advertisers to his financial detriment to allow free speech o twitter?First, we'll get the law out of the way. He broke it:
Here is where the $150M comes into play:
- On January 14, 2025, the U.S. Securities and Exchange Commission filed a complaint against Elon Musk for failing to timely file a beneficial ownership report under Section 13 of the U.S. Securities Exchange Act of 1934 disclosing his acquisition of more than 5% of the outstanding shares of common stock of Twitter, Inc.
"The Complaint alleges that because of Mr. Musk’s failure to publicly disclose his beneficial ownership of Twitter’s outstanding common stock by March 24, 2022, Mr. Musk paid at least $150 million less for the shares of Twitter common stock he purchased between March 25 and April 1, 2022 than he would have had he made a timely beneficial ownership report filing. The Complaint further alleges that Mr. Musk’s failure to make a timely filing resulted in substantial economic harm to investors selling Twitter common stock during that period because they sold their shares at artificially low prices, as Mr. Musk’s ownership had not yet been priced into the market."
The full article: https://www.debevoise.com/insights/publications/2025/01/sec-charges-elon-musk-for-failing-to-timely-dis#:~:text=SEC Charges Elon Musk for Failing to Timely Disclose Beneficial Ownership of Twitter,-16 January 2025&text=Key Takeaways:,the beneficial ownership reporting rules.
(Web addresses are getting insane)
I fail to see the at least ONE INSTANCE I have asked you to share in support of your false claim.The times you and whats his name repeat the same talking points that CNN and the like instruct you libby's to repeat.
Interesting premise kid, but you are wrong as usual.Stop lying. You are making it sound like you instruct CNN and the like to repeat YOUR talking points.
Yet you still believe Trump when he tells you that foreign manufacturers pay US import tariffs, and that the election was stolen from him in 2020.It's what I do.... I uncover the truth.
Seems to be more of a calculation than a guess. I mean, if they are just guessing, why not speculate massive price differences over the time period to make his crime look even worse?So the SEC is coming up with a guesstimate of what stocks would have sold for had his position been disclosed. Reality is Elon ate it on the transaction. If he's supposed to disclose a 5% position, then he should pa, whatever the fine/ damages are. But can we acknowledge Elon did overpay for twitter when he could have backed out or renegotiated? Can we acknowledge that Elon took a massive tax hit to pull off this transaction? Can we acknowledge that Elon willfully drove away advertisers to his financial detriment to allow free speech o twitter?
It's common core mathThey always use math like this, like claiming a reduction in a spending increase is a cut.
That side still won't let go of Russian narrativesThat one does stick in my craw.
You know what you say and what you have said. You know where your talking points come from. Stop your charade kid. You don't really have anything to say other than what you are told.I fail to see the at least ONE INSTANCE I have asked you to share in support of your false claim.
You say I lie all the time, yet you can't produce evidence of ONE INSTANCE? Not ONE?
Interesting.
I don't care if you watch it at night, mid-morning or afternoon. The point is, you know damn well you watch it. All you libby's watch it waiting for the next thing to be upset about.Interesting premise kid, but you are wrong as usual.
But you've obviously convinced yourself, so now convince us: Provide proof that I watch the nightly news, that I repeat the nightly news here, that I even have access to nightly news broadcasts.
I don't speak to Trump. He is far too busy in his job trying to fix all the Democratic ****-ups.Proof of just one of those. I'll wait.
Yet you still believe Trump when he tells you that foreign manufacturers pay US import tariffs, and that the election was stolen from him in 2020.
HAHAHAHAHA
Pro tip landing government contractsI'm in the wrong line of work![]()
I'll just claim I'm an Eskimo woman...they can't say I'm notPro tip landing government contracts
1. Have a company that’s female owned (51%) and is minority and *****
2. Just old school know someone and envelopes an handshakes
3. Your dad becomes president![]()