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Elon Musk to Testify in SEC Probe Over 2022 Twitter Stock Acquisition
May 30, 2024, 03:02 PM
Elon Musk has agreed to testify in the U.S. Securities and Exchange Commission (SEC) probe regarding his 2022 acquisition of Twitter stock, according to court filings. The testimony is related to disclosures Musk made during the acquisition process. Details of when and where Musk will testify have not been disclosed. Musk has also agreed not to appeal. This agreement marks a settlement in Musk's latest legal fight with the SEC.
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