It's not as easy as just filing a correction, there are different timelines for when large share acquisitions must be disclosed. It's intended to make financial

It's not as easy as just filing a correction, there are different timelines for when large share acquisitions must be disclosed. It's intended to make financial markets fairer. If he wants to join the board he needed to have filed correctly disclosing his acquisition of the shares earlier. To do otherwise is illegal and the SEC will surely take legal action. Filing now can't make everything OK, Elon can't go back in time and retroactively disclose the purchase.