Elon Musk's social media company, X, has agreed to a $10 million settlement in a lawsuit initiated by former President Donald Trump. The lawsuit, originally filed in 2021 when the platform was known as Twitter, focused on actions taken against Trump's account. Trump's team contemplated abandoning the suit owing to Musk's close ties with the presidency and significant financial backing for Trump's election campaign. Ultimately, they proceeded with the settlement. This follows a similar case where Meta Platforms settled with Trump for $25 million regarding account suspensions after the Capitol attack.
Elon Musk's platform X has agreed to pay about $10 million to settle a lawsuit filed by President Trump against the company and its former CEO.
Trump's team initially considered letting the lawsuit against the social media platform fizzle out, influenced by Musk's considerable financial support in the past.
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