US court approves Musk's settlement in SEC probe over Twitter purchase

A US court on Wednesday approved Elon Musk's settlement with the Securities and Exchange Commission over his purchase of Twitter shares. The judge approved the settlement despite expressing "significant misgivings" about the "red flags" the deal raised. The SEC probe revolved around Musk's failure to initially disclose his stake in Twitter, which saved him $150 million, the regulator had claimed.