Their fast-evolving political friendship has become a potential minefield, as Mr. Musk’s sprawling businesses may present conflicts of interest if Mr. Trump is elected in November.
Category: Securities and Exchange Commission
Carl Icahn, Activist Investor, Faces Intense Scrutiny From Wall Street
The value of the 88-year-old activist investor’s stake in his own company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.”
Elon Musk Lobbies on X for His $46.5 Billion Tesla Pay Package
The Tesla chief executive is taking to his social media company to press shareholders to vote for a critical pay package on June 13.
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.
SEC Approves New Bitcoin ETFs, in Boon for Crypto Industry
The Securities and Exchange Commission authorized financial firms to offer a Bitcoin investment product that some hope will accelerate adoption of the technology.
Elon Musk Faces Trial Over His 2018 Plan to Take Tesla Private
Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.
Sam Bankman-Fried and FTX Engaged in Fraud for Years, Prosecutors Say
A criminal indictment unsealed on Tuesday and a complaint by the S.E.C. describe years of wrongdoing in Sam Bankman-Fried’s crypto empire.