Supreme Court rejects Elon Musk's challenge to Twitter oversight in SEC agreement

Published: 29 April 2024 at 20:18

Business

The Supreme Court denied Elon Musk's request to contest the requirement for a lawyer to oversee some of his social media posts as part of a settlement with the SEC over misleading tweets about Tesla in 2018. Musk's infamous tweet claiming funding secured to take Tesla private led to stock price fluctuations. Musk argued that the oversight violated his First Amendment rights. Both a US District Court and the 2nd US Circuit Court of Appeals upheld the provision, citing Musk's option to litigate the SEC charges or negotiate a different agreement.

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$Supreme Court rejects Elon Musk\'s challenge to Twitter oversight in SEC agreement$ $Supreme Court rejects Elon Musk\'s challenge to Twitter oversight in SEC agreement$ $Supreme Court rejects Elon Musk\'s challenge to Twitter oversight in SEC agreement$ $Supreme Court rejects Elon Musk\'s challenge to Twitter oversight in SEC agreement$ $Supreme Court rejects Elon Musk\'s challenge to Twitter oversight in SEC agreement$ $Supreme Court rejects Elon Musk\'s challenge to Twitter oversight in SEC agreement$