Elon Musk busted

| 9:10 pm EST January 14, 2025
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If you’ve always felt there was something off financially about Elon Musk’s acquisition of Twitter, it turns out you’re now being vindicated. The United States Securities and Exchange Commission has filed suit against Musk today, alleging that he illegally schemed to acquire shares of the company at an artificially low price.

Given that Donald Trump is about to become President in one week, and that Trump has become a senile puppet of Musk, it’s not clear where this probe might go. Trump will surely try to shut it down if he can.

But there is some reason to hope that by filing the case against Elon Musk now, and getting it out there publicly, the SEC will at least have created a headache for Musk and Trump that could drag on for some time.

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