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Home Business & Finance

SEC Blasts Elon Musk For Skipping Deposition To Attend SpaceX Rocket Launch

Nnaemeka OkwarabyNnaemeka Okwara
September 21, 2024
in Business & Finance
0
SEC Blasts Elon Musk For Skipping Deposition To Attend SpaceX Rocket Launch
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On September 10, at Los Angeles, a deposition was scheduled for Elon Musk by U.S. Securities and Exchange Commission (SEC) . Musk was late for this meeting because he traveled to Florida to attend the SpaceX rocket launch event.

The SEC has been looking into the 2022 acquisition of Twitter by Musk following his initial refusal to testify.

Musk’s lawyer told the commission that he was at the SpaceX launch.

Musk’s momentary action in delaying disclosure of twitter shareholding has potential of $156 million earnings hence a matter under investigation.

An SEC spokesperson said that federal securities laws would continue to be enforced.

Musk has previously clashed with the SEC, He  accused  the agency of harassment and stifling his free speech.

The SEC maintains that Musk’s actions warrant scrutiny, and the investigation is ongoing.

Tags: Elon Muskfederal characterNewsRocketSECSEC Blasts Elon Musk For Skipping Deposition To Attend SpaceX Rocket LaunchSpaceX
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

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