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Salon
Salon
Politics
Griffin Eckstein

Elon ghosted SEC at Twitter testimony

SEC Elon Musk Twitter Inc. SpaceX Tesla Inc.

The Securities and Exchange Commission is seeking sanctions against Elon Musk after he no-showed a planned testimony concerning his purchase of Twitter (now X) earlier this month.

The SpaceX head was ordered to testify as part of an ongoing SEC investigation into his 2022 purchase of Twitter for $44 billion, probing whether Musk intentionally failed to make proper legal disclosures when buying Twitter shares and whether he made misleading statements to sway the deal. 

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