Elon Musk agrees to testify in SEC’s Twitter investigation

Elon Musk sued by SEC based on Twitter


Elon Musk, by the United States Securities and Exchange Commission. twitter litigation based on had been.

Elon Musk, one of the richest people in the world United States Securities and Exchange Commission (The US Securities and Exchange Commission, or SEC for short) because he was sued by He refused to testify in an investigation into his purchase of Twitter shares in 2022. According to the statement made by the SEC, Musk was supposed to go to testify on September 15, but canceled it. Musk, who announced through his lawyers that he would not come to testify two days before his planned statement, requested the cancellation decision. He said he didn’t see San Francisco as a suitable place for expression.. The United States Securities and Exchange Commission made requests for Musk to testify in Fort Worth, Texas, closer to where he lives, but they also It was not accepted. Today, Musk finally backed down and agreed to testify in the SEC’s Twitter investigation. Musk plans to buy Twitter shares in 2022 allegedly violated securities laws. Musk, who transformed Twitter into X after purchasing it, continues to stay on the agenda through the companies he owns. The famous billionaire’s research focuses on artificial intelligence these days. xAI The company is making a splash. xAI is developing a ChatGPT competitor called Grok.

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