Financial TimesFinancial Times

Is Elon Musk too big to regulate?

By Stefania Palma

16 May 2022 · 4 min read

When Elon Musk announced he was putting his $44bn acquisition of Twitter “temporarily on hold” on Friday, it sent a familiar spasm through the stock market.

Once again, the Tesla chief executive had used a brief tweet to deliver market-moving news. And once again, his offhand way of dealing with Wall Street provoked questions about how fully he was complying with securities regulations.

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