Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges | CNN Business

New York CNN  — 

Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler.

Musk disclosed on his social media platform X that the agency is demanding he agree to a fine of an undisclosed amount to settle charges over his initial purchases in 2022 of shares of what was then called Twitter.

Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure

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