Elon Musk has been chastised by the left for his desire to broaden the scope of free expression on the social media platform. Now, the Federal agency has opened an investigation into Elon Musk amidst the deal to purchase Twitter.
Elon Musk, the billionaire entrepreneur who purchased Twitter late last month in an effort to extend free speech on the prominent social media network, is apparently being investigated by federal authorities.
“The Securities and Exchange Commission [SEC] is probing Mr. Musk’s tardy submission of a public form that investors must file when they buy more than 5% of a company’s shares,” The Wall Street Journal reported Wednesday.
“The disclosure functions as an early sign to shareholders and companies that a significant investor could seek to control or influence a company,” the report explained.
Musk's April 4 statement occurred at least 10 days following his ownership in the firm surpassed the 5% threshold. Musk has not stated openly why he fil...