I think they'll not play for defense, they'll play for a settlement of a big fine, that he'll pay personally, and only a fine. The primary risk is the ban from

I think they'll not play for defense, they'll play for a settlement of a big fine, that he'll pay personally, and only a fine. The primary risk is the ban from being CEO, and they can probably avoid that if the SEC is willing to treat it as a teaching moment for Elon.