Elon Musk Loses Bid to End ‘Twitter Sitter’ Deal With SEC

Judge says Musk can’t scuttle 2018 deal he no longer likes
Ruling comes as Tesla CEO appears set to acquire Twitter

Musk-Twitter Deal: $1 Billion Breakup Fee, No Disparaging Tweets

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By Bob Van Voris

April 27, 2022 at 3:12 PM UTC

Updated on

April 27, 2022 at 5:41 PM UTC

This article is for subscribers only.

Elon Musk may soon own Twitter Inc. but the billionaire won’t be able to shake his “Twitter Sitter.”

A judge on Wednesday rejected Musk’s request to ditch his 2018 deal with the U.S. Securities and Exchange Commission that required a company lawyer to screen all his Tesla Inc.-related tweets. The Tesla CEO, who appears to have clinched his bid to buy Twitter, had accused the SEC of harassing him and claimed the agreement violated his free-speech rights.