U.S. Supreme Court denies Elon Musk's bid to remove post oversight part of SEC settlement tied to 2018 tweet about Tesla going private, upholding the decision.
Musk's lawyers argued oversight violated his free speech, calling it a 'government-imposed muzzle' and claiming SEC shouldn't control his online Tesla-related statements.
Settlement disperses part of $40 million fines to 3,350 investors, giving them around $12,400 each; Musk's court battles occurred before his takeover of Twitter, now named X.
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