Elon Musk ordered to testify in SEC’s Twitter probe
Elon Musk wears a necklace in honor of Israeli hostages onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on Nov. 29, 2023 in New York City. (Slaven Vlasic/Getty Images for The New York Times)
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(Reuters) – 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 TSLA.O and SpaceX CEO to testify as part of an investigation into his 2022 purchase of social media giant Twitter, which he renamed X.
