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WEKU
WEKU
David Gura

Can the SEC stand up to the richest man on the planet?

Elon Musk SEC Twitter Inc. Tesla Inc. Securities and Exchange Commission Police 60 Minutes
Tesla CEO Elon Musk attends the start of production at Tesla's "Gigafactory" in Grünheide, southeast of Berlin, Germany, on March 22. The billionaire, who has run afoul of regulators before, is in their sights again as he tries to buy Twitter. It's raising questions about the Securities and Exchange Commission's ability to police the rich and powerful. (Patrick Pleul/Pool/AFP via Getty Images)

Elon Musk has hurled insults and belittled the Securities and Exchange Commission and has even expressed complete disdain for Wall Street's top cop.

Musk called the SEC "bastards" at a recent conference. He tweeted a vulgar innuendo in 2020. He said, "I do not respect the SEC," in a 2018 interview. And after he amassed a significant stake in Twitter this year, Musk filed required paperwork 11 days late.

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