[Musk Plans to Settle Twitter Stock Disclosure Issue with SEC, Paving the Way for SpaceX IPO] According to a report by Jinse Finance on March 19, citing AXIOS, Elon Musk is in settlement negotiations with the U.S. Securities and Exchange Commission (SEC) regarding his failure to disclose the purchase of Twitter shares prior to issuing a takeover bid in April 2022. The report states that SpaceX's bankers hope to resolve this matter before potentially launching what could be the largest IPO in history. According to regulations, investors who purchase 5% or more of a publicly traded company's shares must disclose their ownership within 10 days of the purchase. However, Musk disclosed his holdings 21 days after reaching this threshold. He also filed a "13G" form intended for passive investors, rather than the "13D" form designed for activist investors, including those intending to issue a takeover bid. Earlier this month, Musk's lawyers informed the court that, at least to some extent, these settlement negotiations have been conducted without the involvement of the SEC enforcement attorneys responsible for the case.