Feds Investigate Elon Musk Over Twitter Acquisition

The Guardian reports:

Elon Musk is under a federal investigation related to his $44bn takeover of Twitter, the social media company has said in a court filing made public on Thursday. While the filing said he was under investigation, it did not say what the focus was, or which federal authorities were investigating.

Twitter, which sued Musk in July to force him to close the deal, said attorneys for the Tesla CEO had claimed “investigative privilege” when refusing to hand over documents it had sought.

The filing comes as the months-long saga of Musk’s proposed Twitter purchase continues, during which the billionaire proposed a takeover, went back on the deal, and then was sued by Twitter to stick to his word.

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Federal authorities are investigating Elon Musk in connection with his $44 billion acquisition of Twitter, the social media platform said in a court filinghttps://t.co/wSLWr5Rl74

— CNN Breaking News (@cnnbrk) October 13, 2022