Elon Musk gets more time to respond to SEC suit over Twitter disclosure
Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. The Securities and Exchange Commission has agreed to give Elon Musk more time to respond to its lawsuit over his alleged failure to properly disclose purchases of Twitter stock before bidding to buy the company. In a motion filed Thursday in U.S. District Court in Washington, the SEC said it had reached a joint ag