Home Business Elon Musk Ordered to Testify in SEC Probe Regarding Twitter Acquisition

Elon Musk Ordered to Testify in SEC Probe Regarding Twitter Acquisition

by Sonia Park
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Elon Musk Ordered to Testify in SEC Probe Regarding Twitter Acquisition

In a recent development, a U.S. judge has mandated that Tesla and SpaceX CEO Elon Musk testify in an investigation conducted by the Securities and Exchange Commission (SEC) regarding his acquisition of Twitter. The probe revolves around potential securities fraud related to Musk's takeover of the social media giant in 2022.

A judge ruled over the weekend that Musk must testify before the Securities and Exchange Commission, something his lawyers call harassment. Cal State East Bay professor Nolan Higden disagrees.

In 2022, Elon Musk executed a high-profile acquisition of Twitter, subsequently rebranding the platform as. . .

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