Elon Musk appeals dispute over SEC consent decree to US Supreme Court


FILE PHOTO: Tesla and SpaceX's CEO Elon Musk pauses during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, Thursday, Nov. 2, 2023. Kirsty Wigglesworth/Pool via REUTERS/File Photo

WASHINGTON (Reuters) -Billionaire businessman Elon Musk on Thursday asked the U.S. Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority in enforcing a consent decree that he has called a "muzzle" on his constitutional free speech rights, his lawyer said.

Musk asked the justices to hear his appeal of a lower court's decision in May that upheld the decree, which arose from his August 2018 post on the social media platform then called Twitter, now called X, that he had "funding secured" to take his electric car company Tesla private, his lawyer said.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Netflix says its position on deal with Warner Bros Discovery unchanged
Citi sets 2026 S&P 500 target at 7,700, expects AI to remain key theme
Exclusive-Tesla board made $3 billion via stock awards that dwarfed tech peers
Electricity is now holding back growth across the global economy
North Korean leader's sister sports Chinese foldable phone
STMicro has shipped 5 billion chips for Starlink in past decade; that could double by 2027
Tech support scammers stole US$85,000 from him. His bank declined to refund him.
Analysis-Old meets new economy: AI boom to supercharge European banks' rally
Humanoid robots take center stage at Silicon Valley summit, but scepticism remains
Asahi CEO mulls new cybersecurity unit as disruption drags on

Others Also Read