Elon Musk’s X has agreed to pay President Donald Trump $10 million to settle a lawsuit from the times when the corporate was nonetheless referred to as Twitter and owned by Jack Dorsey, the Wall Street Journal reported, citing unnamed sources.
The lawsuit took problem with Twitter’s determination to ban Trump after January 6, when Trump’s supporters stormed the U.S. Capitol.
Trump’s workforce reportedly thought-about letting its lawsuit in opposition to X peter out due to the president’s relationship with Musk, which has solely grown nearer over the previous two years.
Musk reinstated Trump’s Twitter account in 2022, then spent greater than $250 million on Trump’s 2024 presidential marketing campaign. This week, Musk and Trump held a joint press briefing from the Oval Office.
Despite the connection with Musk, Trump moved ahead with the settlement in any case. In January, Meta agreed to pay $25 million to settle a associated lawsuit.
