Musk must testify in SEC investigation, court rules
Elon Musk must comply with a Securities and Exchange Commission subpoena to testify in the SEC's investigation into the October 2022 Twitter takeover, a federal court ruled Tuesday. The big picture: Musk had argued the SEC didn't have the authority to subpoena him in the investigation into whether he violated federal securities laws in the takeover of the site now known as X and accused the federal agency of harassment amid a years-long