SEC Asks Judge to Force Elon Musk to Testify in Twitter Probe

The US Security and Exchange Commission (SEC) asks a federal judge to force Elon Musk to testify for their investigation into his acquisition of X, formerly Twitter. This development comes after Elon Musk asked a federal judge on Thursday not to force him to testify in the U.S. Securities and Exchange Commission's probe into his $44 billion takeover of social media platform X.

The US securities regulator is taking Elon Musk to court over his refusal to testify in an investigation into his purchases of Twitter stock and his statements surrounding the $44 billion deal. NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Thursday urged a federal judge to force billionaire Elon Musk to testify for its investigation. The SEC seeks information related to Musk's communications and actions during the acquisition process.

A judge has ordered Elon Musk to testify for a third time as part of the Securities and Exchange Commission's investigation into his $44 billion purchase of Twitter, now called X. A federal judge ordered Elon Musk to testify again in the US Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and Musk's legal team a specific timeframe for the deposition.

The SEC's pursuit of Musk's testimony underscores the agency's commitment to scrutinizing the details surrounding the Twitter acquisition. This order highlights the continued legal battles and regulatory oversight surrounding Elon Musk's acquisition of X (formerly Twitter).