SEC seeks to force Elon Musk to testify in investigation into Twitter purchase
The Securities and Exchange Commission on Thursday sought to force Elon Musk to sit for a deposition as part of an ongoing investigation about his purchase of Twitter. The Securities and Exchange Commission on Thursday sought to force Elon Musk to sit for a deposition as part of an ongoing investigation about his purchase of Twitter, now known as X. The SEC said Musk failed to appear for testimony as required by a May subpoena despite agreeing to show up last month at the SEC’s office in San Francisco. In this June 16, 2023, file photo, Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, attends a conference in Paris. Gonzalo Fuentes/Reuters, FILE Musk waited until two days before the scheduled date to notify the SEC he would not appear, regulators said. They’re now seeking a court order to force Musk to comply. Musk acquired the social media site in October 2022 for roughly $44 billion. MORE: A timeline of Elon Musk's tumultuous Twitter acquisition The te...