Legal Opinion

Securities and Exchange Commission v. Musk

District Court, District of Columbia

Decided October 2, 2025No. Civil Action No. 2025-0105Published

1Opinion of the Court

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA SECURITIES AND EXCHANGE COMMISSION, Plaintiff, Civil Action No. 25 - 105 (SLS) v. Judge Sparkle L. Sooknanan ELON MUSK, Defendant. MEMORANDUM OPINION In the spring of 2022, Elon Musk purchased shares of Twitter, Inc.’s common stock. According to the Securities and Exchange Commission (SEC), the purchase of those shares triggered an obligation to file a report with the SEC disclosing Mr. Musk’s Twitter holdings. The SEC sued Mr. Musk, alleging that he violated the Securities Exchange Act of 1934 and Rule 13d-1 promulgated under that Act…

2Cases cited25 opinions

  1. Van Dusen v. BarrackSupreme Court of the United States · 1964
  2. Continental Grain Co. v. Barge FBL-585Supreme Court of the United States · 1960
  3. Securities and Exchange Commission v. Savoy Industries, Inc. Appeal of S. Mort ZimmermanCourt of Appeals for the D.C. Circuit · 1978
  4. Trout Unlimited v. United States Department of AgricultureDistrict Court, District of Columbia · 1996
  5. Greater Yellowstone Coalition v. BosworthDistrict Court, District of Columbia · 2001

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