Supreme Court dismisses Elon Musks challenge to SEC agreement regarding social media posts

The Supreme Court has ruled against tech billionaire Elon Musk in his attempt to challenge the terms of an agreement with the Securities and Exchange Commission (SEC) that require a lawyer to review some of his social media posts. This agreement was put in place after Musk posted tweets in 2018 that the SEC deemed to be “materially false and misleading.”

Musk has expressed frustration with the “Twitter sitter” provision, which he believes limits his freedom to discuss Tesla-related issues online. Despite being found not liable for misleading investors in a separate civil case, Musk argues that these restrictions on his speech are unconstitutional.

Musk’s legal team claims that the SEC has been unfairly targeting him and that the provision even restricts his ability to speak truthfully and accurately. However, the SEC argues that Musk waived his right to challenge these terms when he agreed to the settlement.

Lower courts have also sided with the SEC, upholding the terms of the agreement. Elon Musk, known for his impulsive use of Twitter (which he now owns and has renamed X), will now have to comply with the requirement that a lawyer review some of his social media posts. Stay tuned to Insider Wales Sport for any further developments on this ongoing legal battle.

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