My Blog
Business

Elon Musk is ordered to testify in the SEC’s Twitter investigation


SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland.

Omar Marques | Getty Images

A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s probe of his Twitter takeover, giving the regulator and the billionaire a week to agree on a date and location for the interview.

U.S. Magistrate Judge Laurel Beeler’s order issued on Saturday night formalized a tentative ruling she made in December siding with the regulator.

The SEC sued Musk in October to compel the Tesla and SpaceX CEO to testify as part of an investigation into his 2022 purchase of social media giant Twitter, which he renamed X.

This story is developing. Please check back for updates.

Related posts

Shein files for U.S. IPO, as fast-fashion giant looks to expand its global reach

newsconquest

Ukraine prepares for the biggest reconstruction since World War II

newsconquest

Peter Thiel’s ‘sociopaths’ know one thing he does not

newsconquest

Leave a Comment