Ars Technica
Judge doesn't like Elon Musk settlement with SEC, but says court can't block it
Thursday, July 9, 2026
A federal judge approved a 1.5 million dollar settlement between Elon Musk and the Securities and Exchange Commission regarding Twitter stock trading violations. The judge stated the court lacked authority to block the agreement despite expressing concerns about its terms. The settlement resolved an SEC enforcement action related to Musk's 2022 acquisition of Twitter.