Elon Musk asks court to reject SEC’s bid to force him to testify

Elon Musk asked a federal judge on Thursday not to force him to testify in the U.S. Securities and Exchange Commission’s probe into his $44 billion takeover of social media site Twitter.
Musk filed the objections in San Francisco federal court, where the SEC sued him on Oct. 5 to make him testify for the probe, which it launched in April 2022.
The SEC’s subpoena exceeds the agency’s investigative authority, is overly burdensome and seeks “irrelevant evidence”, Musk’s lawyers said in the filing.
The SEC has said it was investigating Musk’s 2022 purchases of Twitter stock and his statements and SEC filings relating to Twitter — which Musk subsequently renamed X — and that Musk had refused to attend a September interview for the probe.
Alex Spiro, an attorney for Musk, has called the investigation “misguided.”