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BumRushDaShow

(162,518 posts)
Thu Oct 2, 2025, 04:15 PM Oct 2

Elon Musk's time in DC comes back to bite him in ongoing lawsuit: report

Source: Raw Story

October 2, 2025 12:56PM ET


A judge knocked down Elon Musk's argument for getting his U.S. Securities and Exchange Commission’s civil lawsuit moved out of Washington, D.C.

The SEC sued the tech mogul on Jan. 14 alleging violations of federal law requiring the disclosure of his purchase of a 5 percent stake in Twitter, months before he took over the social media platform and eventually changed its name to X, and a federal judge ruled against his request to move the trial to New York or Texas.

"Mr. Musk contends that litigating this case in this District would impose 'substantial burdens' on him because he is 'an incredibly busy individual' and 'it is unlikely [he] could attend an entire trial in Washington, D.C.,'" wrote U.S. District Judge Sparkle Sooknanan.

"The SEC does not dispute these representations," the judge added. "The Court takes Mr. Musk’s convenience seriously, but it also notes that Mr. Musk has considerable means and spends at least forty percent of his time outside his chosen forum."

Read more: https://www.rawstory.com/elon-musk-sec-lawsuit-bites/



Link to RULING (PDF) - https://storage.courtlistener.com/recap/gov.uscourts.dcd.276446/gov.uscourts.dcd.276446.22.0_3.pdf

REFERENCE - https://www.democraticunderground.com/10143373442

RELATED - https://www.democraticunderground.com/10143428623
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Elon Musk's time in DC comes back to bite him in ongoing lawsuit: report (Original Post) BumRushDaShow Oct 2 OP
Oh, so he's "an incredibly busy individual"? PatSeg Oct 2 #1
Many reports had him basically living at Mar a Lago from the RNC convention tanyev Oct 2 #2

PatSeg

(51,358 posts)
1. Oh, so he's "an incredibly busy individual"?
Thu Oct 2, 2025, 04:21 PM
Oct 2

Well then in that case, we wouldn't want to inconvenience the very busy, busy man.

tanyev

(48,179 posts)
2. Many reports had him basically living at Mar a Lago from the RNC convention
Thu Oct 2, 2025, 05:49 PM
Oct 2

until inauguration day, and then in D.C. for several months. How busy can he be?

Trust me, Elon, every business you own does better when you’re not around.

😒

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