Elon Musk’s legal battle with the Securities and Exchange Commission (SEC) over his “Twitter sitter” reached a conclusion when the Supreme Court rejected his appeal to remove the requirement. Musk argued that this restriction infringed upon his free speech rights, but the court dismissed his claim. The decision marks yet another victory for the SEC in its efforts to regulate Musk’s companies.
In December, Musk petitioned the Supreme Court to overturn the settlement, arguing that it restricted his speech even in cases where it was truthful and posed a threat of fines or imprisonment for protected speech that was not pre-approved by the SEC. However, the court declined to take up the case and did not provide a reason for their decision. It is unclear if Musk will continue to pursue legal action in this matter.
Musk has had a history of public disputes with government agencies. He has openly criticized the SEC, made disparaging remarks about President Joe Biden, and engaged in public disagreements with foreign officials. Recently, the SEC launched a new investigation into Tesla’s self-driving technology, which has faced scrutiny from regulators following several accidents. Musk’s contentious relationship with regulatory authorities highlights the ongoing challenges faced by his companies in navigating legal and regulatory landscapes.
