Elon Musk’s Delay in Disclosing Twitter Stake Said to Have Sparked SEC Probe
US regulators are investigating Elon Musk's delayed disclosure of his sizable stake in Twitter last month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Musk disclosed a 9.2 percent stake in Twitter to the US Securities and Exchange Commission (SEC) on April 4, a delay of at least 10 days since surpassing the 5 percent threshold for revealing a shareholding, the report said.An investor who crosses a 5 percent stake must file a form with the SEC within 10 days. It serves as an early…