Odaily Planet Daily News: A federal court in the United States ordered on Tuesday that Elon Musk must testify again in the U.S. SEC's investigation into its $44 billion acquisition of Twitter (now X). Last October, the U.S. SEC sued Musk and asked him to testify. Musk said at the time that the SEC was trying to "harass" him with a large number of subpoenas. The SEC previously stated that its investigation focuses on whether Musk violated federal securities laws when he purchased Twitter shares in 2022. The SEC is also reviewing Musk's statements and SEC documents submitted regarding the transaction. In February of this year, U.S. Magistrate Judge Laurel Beeler ruled in favor of the SEC's compulsory subpoena of Musk to testify, and Musk requested a review of the decision. U.S. District Judge Jacqueline Scott Corley said on Tuesday: "As Judge Beeler explained, the investigation that Musk claimed constituted harassment was actually a 'reasonable government investigation'." (Reuters)
