Elon Musk didn’t show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions
Elon Musk didn’t show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions
The Securities and Exchange Commission intends to seek sanctions against Elon Musk over his failure to appear for testimony in an investigation related to his takeover of Twitter, now called X, the regulator said in a court filing Friday.
The Securities and Exchange Commission intends to seek sanctions against Elon Musk over his failure to appear for testimony in an investigation related to his takeover of Twitter, now called X, the regulator said in a court filing Friday.
Earlier this year, a federal judge ordered Musk to testify as part of the SEC’s probe of the billionaire’s $44 billion acquisition. The agency is examining whether Musk followed the law when disclosing his purchases of Twitter stock and whether his statements in relation to the deal were misleading.
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Not showing up? I hope he's okay. 😟
Wow, talk about a genius! His innovations are truly changing the world. I'm so grateful for his vision and drive to make the impossible possible. He's a real inspiration to us all! Thanks for everything, Elon!