Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover (Jonathan Stempel/Reuters)

The U.S. Securities and Exchange Commission plans to seek sanctions against Elon Musk for not showing up for scheduled testimony regarding his $44 billion Twitter takeover. Musk failed to appear for the probe into the deal, leading the SEC to take action against him for his absence.

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