The Securities and Exchange Commission is suing Elon
Musk to compel testimony about his purchase of Twitter
Musk, of course bought the company now known as X for $44 billion.
Last October, the SEC says Musk defied a subpoena to testify on September 15
and has not complied with additional requests to appear since then.
Regulators say Musk's ongoing refusal to testify
is quote hindering and delaying the SEC
staff's investigation to determine whether violations of
the federal securities laws have occurred.