FILE - Elon Musk arrives at the 10th Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, April 13, 2024. The Republican-controlled House Judiciary Committee published a staff report on Wednesday, April 18, disclosing dozens of decisions by Brazilian Supreme Court Justice Alexandre de Moraes, ordering X to suspend or remove around 150 user profiles from its platform in recent years.
The justices did not comment in leaving in place lower-court rulings against Musk, who complained that the requirement amounts to “prior restraint” on his speech in violation of the First Amendment. The case stems from tweets Musk posted in 2018 in which he claimed he had secured funding to take Tesla private. The tweets caused the company’s share price to jump and led to a temporary halt in trading.
The settlement with the Securities and Exchange Commission included a requirement that his tweets be approved first by a Tesla attorney. It also called for Musk and Tesla to pay civil fines over the tweets in which Musk said he had “funding secured” to take Tesla private at $420 per share.The SEC’s initial enforcement action against Musk alleged that his tweets about going private violated antifraud provisions of securities laws.
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