Bloomberg Law
May 14, 2024, 9:00 PM UTC

Musk Ordered to Resume Testimony in SEC Twitter Investigation

Rachel Graf
Rachel Graf
Bloomberg News

Elon Musk must submit to further questioning in the US Securities and Exchange Commission’s investigation of his 2022 Twitter Inc. acquisition, a federal judge ruled.

Tuesday’s decision upholds an <-bsp-bb-link state="{"bbDocId":"S8P7Z9T0G1KW","_id":"0000018f-7904-de3b-adcf-fba726a00001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">earlier finding by a magistrate judge that the billionaire should have to comply with the agency’s subpoeana even though he complained it amounted to harassment. US District Judge Jacqueline Scott Corley limited the questioning to five hours and said it must take place within 60 days.

The SEC is seeking information about Musk’s purchases of Twitter stock and statements he made about his investments ahead of his $44 billion purchase of ...

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