SEC steps up scrutiny over Musk comments on $44 billion Twitter deal

FILE PHOTO: People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly

(Reuters) -The U.S. securities regulator quizzed Elon Musk last month over a tweet in which the world's richest person raised doubts over whether he would move ahead with his $44 billion acquisition of Twitter Inc due to concerns over the number of fake users on the platform.

The U.S. Securities and Exchange Commission (SEC) asked Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal, according to the June 2 letter made public on Thursday.