Elon Musk Refused SEC Interview Over Twitter Stock Probe, Now Regulators Want Him To Talk

The U.S. Securities and Exchange Commission is looking into Elon Musk's acquisition of Twitter shares shortly before he bought and rebranded the social media company. In response, the billionaire is allegedly exploring the legal strategy of simply not showing up to give testimony. The SEC is now looking to force Musk to show up to an interview after he bailed on one last month.

Now, the regulators are seeking a subpoena, which is a rare move for the organization, but one it normally succeeds in getting judges to agree to. Meanwhile, an attorney for Musk, Alex Spiro, said enough is enough, and that the billionaire has already given the SEC testimony multiple times in this misguided investigation. The regulator is looking into stock purchases made by Musk in 2022. Before acquiring Twitter, the Tesla CEO bought 9.2 percent of the company in March.

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Elon Musk sued by SEC for failure to comply with Twitter investigationChristopher Hutton is a technology reporter for the Washington Examiner covering Big Tech companies like Facebook and X as well as the regulatory efforts by Washington to rein in the tech companies. He previously wrote for a number of other outlets, including Daily Dot, Pando Daily, Religion Unplugged, and other outlets. He graduated from Ball State University in 2020 with a master's in sociology. You can find him on X at chris_journo.
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