Elon Musk and the SEC are working on a settlement over Musk's failure to disclose purchases of Twitter stock prior to making his April 2022 takeover offer, per an SEC court filing. Why it matters: SpaceX bankers would like this matter put to bed before launching what may be the largest IPO of all time.

SAN FRANCISCO (AP) — Closing arguments are set to kick off Tuesday in a trial pitting Elon Musk against Twitter shareholders who say the world's richest man engaged in a pattern of deceptive behavior ...