Elon Musk Will Testify Again in the X (Twitter) Case

There has been a new development in the case between billionaire businessman Elon Musk and the US Securities and Exchange Commission (SEC). The California court hearing the case ruled that Elon Musk to testify decided. Musk for X (formerly Twitter), which he bought in 2022 will defend.

SEC, regarding the purchase of the platform we called Twitter at that time, in 2022 launched an investigation. Within the scope of the investigation, the documents Elon Musk filled out when purchasing the microblogging platform whether it is in accordance with the procedure is being examined. The institution had wanted to meet with Elon Musk in the past, but Elon Musk no longer wanted to do so. refusalwhich led to things coming to this point.

1 week grace period for Elon Musk

In line with the court decision, Elon Musk and SEC officials will meet and hold a meeting to take statements within the scope of the investigation. date to be determined. If Elon Musk does not attend this meeting, the court will order the parties to come together. a random date will determine.

Meanwhile; There have already been many meetings between Musk and the SEC. However, SEC officials wanted to meet once more. to insist, infuriated Elon Musk. The billionaire businessman stated that they had met with the SEC twice in the past and that the incident was now has reached the point of harassment told. In fact, according to Elon Musk, the SEC has exceeded its jurisdiction. However, with its decision, the court panel ruled that, like Elon Musk, that you don’t think It showed.