Musk faces regulators’ questions over X takeover – but will he show up?

By 2024-10-03Science & Tech

Elon Musk has been ordered by a federal court to answer further questions from lawyers about his takeover of Twitter – now called X – on Thursday. And the financial world has one question: Will he be there?

Last month, he was a no-show for a court ordered appearance at the US Securities and Exchange Commission (SEC) office in Los Angeles.

Thursday’s planned interview is part of a high-level investigation into whether Mr Musk waited too long to disclose he was building up a stake in Twitter before acquiring the social media platform in 2022.

The billionaire has previously said this delay was a mistake.

The nation’s top securities regulator is trying to force him to appear on Thursday by calling for possible sanctions.

For the 10 September court hearing ... Read even more

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