Elon Musk Summoned by SEC for Questioning in Twitter Acquisition Probe

by Ouess

The US and (SEC) is attracting a government judge to urge Elon Musk to give statement for their inquiry into his procurement of X, formerly known as Twitter. Musk successfully finished the purchase of the social media sytem for $44 billion in 2022.

 

On Thursday, the SEC sent a main court paper in San Francisco, defending their examination and their initiatives to need Musk’s statement. The governing authority asserts that it is acting within its legal territory in performing the investigation.

Last month, the SEC divulged thgat they were performing an examination right into Musk’s procurement of Twitter through X. Musk declined to go to a meeting for the probe in September, according to the SEC.

In addition, the SEC discusses that they have gotten new papers that will certainly assist in their investigation of Twitter since their previous meeting with Elon Musk.

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