Elon Musk under federal investigation over Twitter deal

Elon Musk is under a federal investigation related to his $44 billion takeover deal for Twitter. Twitter - which sued Mr Musk in July to force him to close the deal - said lawyers for the Tesla CEO had claimed "Investigative privilege" when refusing to hand over documents it wanted. The court request was filed on the same day the court granted a stay of litigation to allow Twitter and Mr Musk to close the takeover deal. In June, the SEC asked Mr Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal. The filing comes as the months-long saga of Mr Musk's proposed Twitter purchase continues, during which the billionaire proposed a takeover, went back on the deal, and was then sued by Twitter to stick to his word.

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