🚨 BREAKING: The U.S. SEC is seeking sanctions against Elon Musk for failing to appear for testimony regarding his $44B acquisition of Twitter (X). Musk had been scheduled to testify on September 10th but canceled just hours before due to a SpaceX launch. The SEC claims Musk didn’t notify them in advance, leading to wasted costs. The testimony has now been rescheduled for early October.

⚖️ Sanctions and cost recovery are being requested by the SEC.

#ElonMusk #Twitter #X #SEC #SpaceX #LegalNews #Finance #TechNews