San Francisco Chronicle

Musk must testify in Twitter case

-

A judge has ordered Elon Musk to testify as part of the Securities and Exchange Commission’s investigat­ion into his $44 billion purchase of Twitter, now called X, in 2022.

Magistrate Judge Laurel Beeler issued an order Saturday giving Musk, his team and the SEC a week to agree on a date and location for Musk’s testimony.

The SEC has been conducting a fact-finding investigat­ion into the period before Musk’s Twitter takeover, when the San Francisco-based social media company was still publicly traded. The agency said it has not concluded that any federal securities laws were violated.

The SEC and a lawyer for Musk did not immediatel­y respond to messages for comment on Monday.

Newspapers in English

Newspapers from United States