Musk Loses Bid to Move SEC Suit Over Twitter Stake to Texas

Bloomberg TechnologyThursday, October 2, 2025 at 4:05:51 PM
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Musk Loses Bid to Move SEC Suit Over Twitter Stake to Texas
Elon Musk faced a setback as a federal judge denied his request to move a lawsuit from the US Securities and Exchange Commission regarding his late disclosure of a 2022 stake in Twitter to Texas. This ruling is significant as it keeps the case in a jurisdiction that may be less favorable for Musk, potentially impacting his legal strategy and public image.
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