00:00 It's Benzinga and here's what's on the block.
00:02 The SEC is investigating whether Elon Musk or others committed securities fraud related
00:07 to his acquisition of Twitter in 2022.
00:09 A U.S. judge ordered Musk to testify in the SEC's probe rejecting Musk's argument that
00:14 the subpoena amounted to harassment.
00:16 The SEC is probing Musk's initial buying of Twitter stock before announcing his intention
00:20 to buy the whole company.
00:22 Musk has a history of challenging federal regulators like the SEC and NLRB over issues
00:27 like his tweets and SpaceX employee complaints.
00:30 He has asked courts to undo his SEC settlement over tweets and sue the NLRB over SpaceX complaint.
00:36 For all things money, visit Benzinga.com.
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