US federal court enforces SEC's subpoena to depose Elon Musk
A federal court said that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter, according to a court filing on Tuesday. The SEC sued Musk in October to compel the Tesla and SpaceX CEO to testify after he refused to attend a September interview for the investigation, saying the SEC was trying to "harass" him with a number of subpoenas.
![US federal court enforces SEC's subpoena to depose Elon Musk](https://devdiscourse.blob.core.windows.net/imagegallery/03_03_2020_19_05_15_9474824.jpg)
A federal court said that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter, according to a court filing on Tuesday.
The SEC sued Musk in October to compel the Tesla and SpaceX CEO to testify after he refused to attend a September interview for the investigation, saying the SEC was trying to "harass" him with a number of subpoenas. The investigation concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which he later renamed X. It is also reviewing statements and SEC filings he made in relation to the deal, the agency has previously said.
Musk was not immediately available for comments.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Elon Musk
- SEC
- investigation
- takeover
- Tesla
- SpaceX
- securities laws
- subpoenas
- X
ALSO READ
Suraksha Group Rescues 20,000 Homebuyers with Jaypee Infratech Takeover
Boeing's Starliner Soars: A New Chapter in Space Race with SpaceX
Starship Takes Flight: SpaceX's Next Big Leap
Legal Battle Over Elon Musk's $56 Billion Tesla Compensation
Space Innovations: From Chile’s Giant Camera to SpaceX’s Ambitious Missions