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Tesla CEO Elon Musk watches as US President Donald Trump talks to the press when they are standing next to the Tesla vehicle on the South Portik White House on March 11, 2025 in Washington, Colombia District.
Mandel and | AFP | Gets the image
Elon Musk Last week, he received a summons in court due to the SEC lawsuit regarding his alleged failure to fulfill the Twitter stock purchases in 2022 before offering the company’s purchase, according to Thursday.
The submission announced a civil summons to Musk 14 on March 14 at the SpaceX Kokvter in Bransville, Texas. The server noted that upon arrival at the SpaceX object, three different guards refused to accept the documents, and one told him he was violating. He “placed the documents on the ground” and went until the guards took pictures of him and his car.
The summons concerning the case concerning the possible purchase of Musk on Twitter, which is now known as X, for $ 44 billion in 2022. Prior to the acquisition, Musk created a position in the company more than 5%, which would require the public to reveal its public possessions within 10 calendar, reaching the threshold.
As depending on SEC Civil complaintThe US District Court in Washington, Muscovy, was late for 10 days, reporting that material information “that allowed him to hold at least $ 150 million for the stocks he had acquired after his financial property report was paid.”
After he took on Twitter, Musk used the platform to promote the candidate at that time President Donald Trumpand other republican candidates and reasons. Musk who is also the CEO TeslaHe spent about $ 290 million to help return Trump to the White House and now acts in the administration as the highest advisor to the president.
Musk’s answer or his lawyers should come out on April 4.
Partner SEC, Elon Musk and Quinn Emanuel Alex Spiro, his lawyer, did not immediately respond to requests for comment
The White House Trump was running Deep cuts In the budget and employees of independent federal regulation bodies, including the SEC. The regulator offered $ 50,000 for many of its employees, urging them to resign or resign until March 21.
Trump administration also has reverse A 15-year-old policy that allowed the SEC forced director to issue official investigation orders. Now the agency will require requests for the official investigation orders and approved by the SEC commissioners, the change can slow the probe as the one that led to the SEC lawsuit against Musk.
Earlier, Musk settled allegations of fraud of civil securities brought by the SEC in Tesla, its toss -bizes. In this matter, Musk and Tesla had to pay $ 20 million with fines, and Musk had to temporarily abandon the role of Tesla Council.
