Elon Musk Agrees to Testify in SEC Probe of His $44 Billion Twitter Buyout

The Tesla CEO has agreed to sit for no more than five hours of questioning at one of the SEC’s offices, according to a court filing.
Elon Musk Agrees to Testify in SEC Probe of His $44 Billion Twitter Buyout
Elon Musk in Los Angeles, Calif., on April 13, 2024. Etienne Laurent/AFP via Getty Images
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Tesla CEO Elon Musk has agreed to testify in the Securities and Exchange Commission’s (SEC) investigation into his $44 billion acquisition of social media platform Twitter, now renamed X, according to a May 30 court filing.

Mr. Musk has waived his right to appeal a court order requiring him to comply with the SEC’s subpoena and sit for no more than five hours of questioning at one of the SEC’s offices, the document stated.
Aldgra Fredly
Aldgra Fredly
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Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.