Elon Musk is negotiating a settlement with the U.S. Securities and Exchange Commission (SEC) regarding the late disclosure of his acquisition of Twitter shares in 2022. The SEC requires investors to disclose their purchases within 10 days after acquiring more than 5% of shares, but Musk delayed the disclosure until 21 days and the filed documents did not comply with regulations. This matter requires urgent resolution to allow a potential SpaceX IPO.

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