Court orders Elon Musk to testify in SEC inquiry over Twitter acquisition
Summary
Elon Musk is ordered to testify in a US SEC inquiry about his acquisition of Twitter, now X. The SEC subpoenaed him for information on his stock purchases and stake in Twitter before the buyout. Musk criticized the SEC's actions as harassment and called for regulatory reform. He acquired Twitter for $44 billion and plans to reshape it into a multifunctional platform, including a potential P2P payment system.
