Musk Seeks Dismissal of SEC Lawsuit, Says He Was Targeted for Criticism of Government Overreach

Elon Musk has asked a federal judge to throw out a Securities and Exchange Commission (SEC) lawsuit accusing him of waiting too long to disclose his multibillion-dollar stake in Twitter, before he bought the platform, arguing the regulator is targeting him for political reasons.

In an Aug. 28 filing in the U.S. District Court for the District of Columbia, Musk’s lawyers said the SEC is pursuing him not for the substance of the violation but because of his outspoken criticism of regulators and government “overreach.”