The boycott of Elon Musk was rejected
A court in the United States opposed the request of the Securities and Exchange Commission of this country to sanction Elon Musk.
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San Francisco District Court Judge Jacqueline Scott Corley says sanctions against Elon Musk for missing a hearing are unnecessary.
The said commission says that Musk violated the court order by not attending the hearing for the purchase of 44 billion dollars of shares of the social network Twitter, which has now been renamed to X.
According to Forbes magazine, Musk’s net worth has reached 321 billion dollars.
The US Securities and Exchange Commission is investigating whether or not Musk violated the rules by delaying reporting the purchase of Twitter shares.