Elon Musk, CEO of Tesla and SpaceX, has been ordered by a federal judge to testify in a U.S. Securities and Exchange Commission (SEC) probe regarding his 2022 acquisition of Twitter. The SEC is investigating potential securities fraud related to Musk's acquisition of Twitter and his accumulation of stock in the social media platform leading up to the leveraged buyout. Musk completed the acquisition of Twitter in October 2022, rebranding it as X, in a deal valued at approximately $44 billion.

Despite arguments from Musk's legal team that the SEC's subpoena amounted to harassment, the federal judge deemed the regulator's actions within its authority, citing the subpoena as definite and seeking relevant information for the investigation. Both Musk and his attorney Alex Spiro have yet to respond to requests for comment, while a spokesperson for the SEC declined to provide further comment beyond public filings.