Elon Musk will be questioned under oath on Apr. 3 in Washington, DC, as part of an investor lawsuit over his fluctuating decision to acquire Twitter in 2022.

Investors claim Musk’s actions harmed Twitter’s stock price and benefited his position in the US$44 billion deal. He initially tried to back out, citing management issues, but eventually completed the purchase after facing legal action.

A federal judge denied his request to dismiss the lawsuit, stating his statements misled investors.

Separately, the Securities and Exchange Commission (SEC) sued Musk in January 2025 for failing to disclose his growing stake in Twitter on time.

They argue this allowed him to buy shares at a discount, costing other shareholders over US$150 million.