The Securities and Exchange Commission intends to seek sanctions against Elon Musk over his failure to appear for testimony in an investigation related to his takeover of Twitter, now called X, the regulator said in a court filing Friday.

Earlier this year, a federal judge ordered Musk to testify as part of the SEC’s probe of the billionaire’s $44 billion acquisition. The agency is examining whether Musk followed the law when disclosing his purchases of Twitter stock and whether his statements in relation to the deal were misleading.

  • @cheese_greater
    link
    193 hours ago

    How hard would it be for the judge to “have him fetched”?

    Would be epic and the tantrum would be hilarious

  • @ChonkyOwlbear
    link
    987 hours ago

    Lock him up for contempt of court until he testifies.

    • @Jackcooper
      link
      616 hours ago

      I would literally be shocked if they enforced a rule that everyone else has to follow on a celebrity billionaire

    • @[email protected]
      link
      fedilink
      206 hours ago

      I’m not sure what the law is on this. But from a practical standpoint, I would like to see adverse inferences drawn against him because he failed to show. That would form the basis for massive fines, so assess those fines, and take away a ton of his money.

      It doesn’t seem like there’s any need to put him behind bars when this is a question about doing shady things with money that can be handled by taking away a lot of his cash.

      • @ChonkyOwlbear
        link
        136 hours ago

        It is not unusual in alimony or child support cases for someone who refuses to pay what they owe to be locked up for contempt. It is a way of compelling obedience to the law in civil cases.

        • Capt. Wolf
          link
          114 hours ago

          Take away his money AND put him in jail.

      • @[email protected]
        link
        fedilink
        0
        edit-2
        2 hours ago

        So what should be the fine? 100 billion? Even with that less he would still be one of the richest persons

  • nkat2112
    link
    fedilink
    286 hours ago

    Space Karen should see jail time for contempt of court.