United States. Elon Musk under investigation related to Twitter takeover, firm says

Elon Musk is the subject of a federal investigation in the United States in connection with his proposed takeover of Twitter for 44 billion, the social network said in a court document made public on Thursday.

Twitter said it asked several months ago that the businessman’s lawyers disclose the exchanges they had with federal authorities, but that they did not.

The social network has filed a motion for a Delaware judge to order Elon Musk’s lawyers to provide the requested documents.

Trial pending

At the end of September, the lawyers of the boss of Tesla reported documents protected from the seal of confidentiality. According to Twitter, these are drafts of an email sent in May to the policeman of the American stock markets – the Securities and Exchange Commission (SEC) – and a presentation document to the Federal Trade Commission (FTC), the US antitrust authority.

No comment was immediately obtained from any of Elon Musk’s lawyers.

Twitter filed the motion on Oct. 6, the day a court postponed the start of a trial between the social network and Elon Musk to give them more time to finalize the takeover.

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