Musk’s attorney argued that his client’s absence was due to an unavoidable emergency regarding the Polaris Dawn launch.
The U.S. Securities and Exchange Commission (SEC) said on Sept. 20 that in plans to pursue sanctions against Elon Musk for not attending court-ordered testimony in connection with the agency’s investigation into his $44 billion acquisition of Twitter.
The SEC stated in a filing with the U.S. District Court for the Northern District of California, that it plans to file a motion seeking an order requiring Musk to explain why he should not be held in civil contempt for failing to comply with a May 31, 2024, court order requiring him to testify on Sept. 10 at the SEC’s Los Angeles office.
The two parties had originally agreed that Musk would appear for the testimony on Sept. 19, but in July, Musk’s counsel requested to move the date due to a scheduling conflict. The SEC accommodated the request, rescheduling the testimony to Sept. 10. However, on the morning of Sept. 10, Musk’s legal team sent a letter to the SEC stating that his obligations as SpaceX’s chief technology office required urgent travel to the East Coast for a “high-risk” Polaris Dawn launch.
Musk’s