Elon Musk Agrees to Testify in SEC Probe of His $44 Billion Twitter Buyout

The Tesla CEO has agreed to sit for no more than five hours of questioning at one of the SEC’s offices, according to a court filing.
Elon Musk Agrees to Testify in SEC Probe of His $44 Billion Twitter Buyout
Elon Musk in Los Angeles, Calif., on April 13, 2024. Etienne Laurent/AFP via Getty Images
|Updated:
0:00

Tesla CEO Elon Musk has agreed to testify in the Securities and Exchange Commission’s (SEC) investigation into his $44 billion acquisition of social media platform Twitter, now renamed X, according to a May 30 court filing.

Mr. Musk has waived his right to appeal a court order requiring him to comply with the SEC’s subpoena and sit for no more than five hours of questioning at one of the SEC’s offices, the document stated.