Tag - Musk

SEC looms over Musk-Twitter deal


Washington DC: Elon Musk’s $44 billion deal to acquire Twitter has been the subject of countless headlines but the tendency to share his thoughts on the public forum might be putting the billionaire on a collision course with the Securities and Exchange Commission (SEC). The SEC already has several potential reasons to probe Musk and...

US stocks hit record highs, bitcoin surges after Tesla news


New York: Major US stock indexes registered all-time closing highs this week amid optimism over U.S. fiscal stimulus, and bitcoin jumped after Tesla revealed it had purchased $1.5 billion of the cryptocurrency and would soon accept it as a form of payment. The world's most widely-held cryptocurrency, bitcoin touched a record high following the Tesla...