SEC Intensifies Probe into Elon Musk's Twitter Takeover

The SEC accuses Elon Musk of employing delay tactics and misrepresenting the investigation's scope, as his testimony remains pending.

The SEC has been investigating Elon Musk since 2022 for potential violations of federal securities laws during his acquisition of Twitter.
Musk is accused of using 'gamesmanship' to delay the SEC's investigation, including refusing to testify and misrepresenting the investigation's scope.
A federal judge ordered Musk to testify in February, but his testimony has still not taken place.
The SEC's filing references a biography on Musk, suggesting it contains new information relevant to the investigation.
Musk's legal team claims the investigation is an 'unbounded investigation into an allegedly days-late SEC filing,' a claim the SEC disputes.