Musk files to dismiss lawsuit over his purchase of Twitter shares
Published: 8/29/2025

Elon Musk files to dismiss lawsuit over Twitter shares purchase, claiming SEC allegations of him saving money by delayed disclosure are baseless. Musk's lawyers argue the lawsuit wastes court time and lacks evidence of harm to investors, calling for its dismissal. The SEC accuses Musk of violating disclosure rules related to his Twitter shares, but his legal team contends there was no intent to harm and points to previous investigations as part of a "relentless pursuit" against him.