US regulator says Musk dodging Twitter share buy questions

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US regulator says Musk dodging Twitter share buy questions
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US market regulators on Thursday asked a judge to order Elon Musk to comply with a subpoena to answer questions about his purchases of Twitter shares last year.

Musk, who beefed up his stake in Twitter before buying the company for $44 billion, did not show up for a scheduled deposition in September with the Securities and Exchange Commission , according to a legal filing.

Musk took part in two half-day depositions in July with the SEC, which told the court it has since received "thousands of documents" that have raised questions they want the billionaire boss to answer. "The SEC has already taken Mr. Musk's testimony multiple times in this misguided investigation - enough is enough," Musk attorney Alex Spiro said in reply to an AFP inquiry.

The value placed on startup OpenAI has rocketed to between $80 billion and $90 billion in talks with potential investors,...

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