A federal judge has approved Elon Musk's $1.5 million settlement with the SEC, despite expressing "significant misgivings" about the deal. The settlement resolves a lawsuit filed in early 2025 over Musk's failure to timely disclose his growing stake in Twitter in 2022, which the SEC argued saved him approximately $150 million. Judge Sparkle Sooknanan had previously questioned whether Musk was receiving special treatment from the Trump administration, given Musk's financial support of Trump's 2024 campaign. The settlement allows Musk to pay the penalty without admitting wrongdoing.
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