Musk Ducks Sanction for Choosing Rocket Launch Over SEC Meeting

Nov. 23, 2024, 12:40 AM UTC

A judge declined to sanction Elon Musk for skipping a meeting with the US Securities and Exchange Commission to watch one of his rockets launch.

US District Judge Jacqueline Scott Corley said Friday there is no need to sanction Musk because he already agreed to reimburse the SEC $2,923 to cover airfare for the trio of agency lawyers he stood up in Los Angeles in September. Musk finally met with the SEC lawyers to give testimony on Oct. 3, Corley noted.

Elon Musk
Photographer: Andrew Harnik/Getty Images

The regulator has been investigating Musk’s purchases of Twitter Inc. stock and statements about his investments before he ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.