BillionaireElon Muskis facing a deadline to respond to an offer to resolve a SEC case over his buyout ofTwitter, now known asX, which he bought for $44 billion in 2022.

What Happened:Musk recently shared a letter his lawyerAlex Spirosent to the SEC over a reported 48-hour deadline to respond to an offer to pay a fine or face charges related to his Twitter acquisition. The letter also stated that the SEC had recently reopened an investigation intoNeuralink, another Musk-owned company.

The SEC has extended the original 48-hour deadline for Musk's response to...