Elon Musk’s company X has agreed to pay President Donald Trump $10 million to settle a lawsuit dating back to when the company was still called Twitter and owned by Jack Dorsey.
Elon Musk’s company X has agreed to pay President Donald Trump $10 million to settle a lawsuit dating back to when the company was still called Twitter and owned by Jack Dorsey.
The lawsuit is related to Twitter’s decision to ban Trump after January 6, when Trump supporters stormed the U.S. Capitol.
Trump’s team was considering filing a lawsuit against X because of the president’s relationship with Musk, which has only grown closer over the past two years, the Wall Street Journal’s own sources told TechCrunch.
In 2022, Musk restored Trump’s Twitter account and then spent over $250 million on Trump’s 2024 presidential campaign.
Meta reinstated Trump’s Facebook and Instagram accounts in 2023. In January, the company agreed to pay $25 million to settle a related lawsuit.
