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Apr 7, 2022

With his massive purchase of almost 10% of Twitter, Elon Musk made an extra $156 million for failing to report his purchase for 11 days. By law, investors must notify the SEC whenever they surpass the 5% stake threshold and continued to buy stocks at a discounted value before publicly announcing the purchase and inflating the stock’s price.
  • 9 minutes


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New page: The Young Turks 2022-04-07 -