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Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe By Cointelegraph - Modern Digital India
Tuesday, June 16, 2026
International Investments

Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe By Cointelegraph

By Isabella Margaret
Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe By Cointelegraph
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Elon Musk has called for a “comprehensive overhaul” of the United States Securities and Exchange Commission hours after the regulator sued Musk alleging he failed to testify in its probe relating to his $44 billion Twitter (now X) purchase last October.

The SEC is investigating if Musk’s purchase triggered securities laws and an Oct. 5 filing by the regulator in a California District Court seeks to compel Musk to comply with an earlier SEC subpoena.