SEC wants Elon Musk sanctioned after he skipped Twitter testimony to watch a rocket launch

The Securities and Exchange Commission is seeking sanctions against Elon Musk for not attending a planned testimony regarding his purchase of Twitter earlier this month. The SEC is investigating whether Musk failed to disclose information properly during his $44 billion acquisition of Twitter in 2022, and if he made misleading statements in the process. Musk, the head of SpaceX, was ordered to testify as part of the ongoing probe.

Full Article