California court orders Musk to testify about Twitter purchase | Exactly Posting in CHAT: Russia A California federal court has ordered Elon Musk to testify as part of an investigation into the legality of his acquisition of the social network Twitter*, Bloomberg writes. The investigation is being conducted by the US Securities and Exchange Commission. According to the publication, the exact date and place of testimony should be determined within a week. Recall that the purchase of Twitter for $44 billion took place on October 27, 2022. The US Securities and Exchange Commission sued Musk to force him to testify. Previously, the social network X* (formerly Twitter) fell by more than 70% after it was bought by American entrepreneur Elon Musk. * The social network is blocked in Russia at the request of the Prosecutor General of the Russian Federation. Source link Source link
