
Elon Musk has criticized the U.S. Securities and Exchange Commission (SEC), labeling it a 'broken organization' following a lawsuit filed against him. In his remarks, Musk highlighted a $150 million stock windfall related to Twitter, which he described as 'artificially created' by the SEC's actions. He urged the agency to focus on addressing real crimes rather than pursuing legal actions against individuals. Musk's ongoing tensions with the SEC have been a recurring theme, as he expressed a lack of respect for the agency and called for an end to what he termed 'lawfare' against citizens, particularly targeting Democrats for their legal strategies.

In a post on X on Tuesday, Elon Musk criticized the SEC, calling it a "totally broken organization." Musk also wrote on Wednesday that "lawfare needs to stop," and accused Democrats of taking legal action against citizens instead of "fighting real crime." https://t.co/RGQ6utJo7V
Elon Musk Slams SEC As 'Totally Broken Organization'
Elon "I do not respect the SEC" Musk has yet again ended up in the government agency’s crosshairs https://t.co/e5TZR0wmhT