Good morning. The SEC is suing Elon Musk, at least for now. The Biden administration plans yet more chip curbs. And crypto offerings did well last year, but Bitcoin is still the one to beat. Listen to the day’s top stories.

The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.

How does Elon Musk find the time? Not content with spending his precious hours busting unions, hanging out at Mar-a-Lago, and catapulting meme coins to the crypto stratosphere, Musk is also a bona fide gamer god — or so he would have you believe.

Elon Musk may be the top dog at SpaceX, Tesla, and X (formerly known as Twitter), but people have recently been accusing him of cheating and lying about his status as one of the top players in Diablo IV and Path of Exile 2.

Business magnate Elon Musk is the richest man in the world, starting 2025 with a net worth of around $425 billion. That dwarfs the net worth of Amazon.com founder Jeff Bezos, who weighs in at around $241 billion.

The U.S. Securities and Exchange Commission sued billionaire Elon Musk on Tuesday, saying he missed a 2022 deadline to disclose his large stock position in Twitter and was able to underpay for additional shares as a result.