SEC Reopens Investigation into Elon Musk's Neuralink, Tesla, and X Amid 48-Hour Ultimatum

Dec 13, 2024, 05:45 AM

The U.S. Securities and Exchange Commission (SEC) has reopened an investigation into Elon Musk's brain-computer interface company, Neuralink. This development follows a letter shared by Musk on the social media platform X, in which he disclosed the SEC's renewed scrutiny. The agency has issued Musk a 48-hour ultimatum to settle or face potential charges related to his companies, including X, Tesla, and Neuralink. This marks a continuation of Musk's long-standing conflict with the SEC, which has previously targeted him over various issues concerning his business practices and public statements.