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Musk Faces SEC Testimony Over Twitter Purchase
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Elon Musk has been ordered to testify in the US SEC probe over his purchase of Twitter, as the SEC investigates whether he committed securities fraud. The acquisition cost Musk an estimated $44 billion, and the SEC has set a one-week deadline for choosing a date and location for the testimony.
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How might the outcome of the SEC probe impact Elon Musk's reputation and career?
In what ways could this legal battle influence the perception of billionaire business leaders and their corporate governance?
What measures can companies take to ensure compliance with securities regulations during high-stakes acquisitions?
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