Musk’s X Agrees to Pay $10M to Settle Trump Suit, WSJ Reports
Trump’s team considered letting the lawsuit fizzle out, people familiar with the matter told WSJ, citing the billionaire’s close proximity to the president and the fact that Musk spent $250 million to help elect him.
But they ultimately moved forward with the settlement, it reported.
X did not immediately respond to a Reuters request for comment.
Last month, Meta Platforms META.O said it had agreed to pay about $25 million to settle a lawsuit by Trump over the company’s suspension of his accounts after the Jan. 6, 2021, attack at the U.S. Capitol.
(Reporting by Bajwa in Bengaluru; Editing by Shilpi Majumdar)
- Ford Recalling 1.74M Vehicles in US Over Rearview Camera Issue
- Trump Says US Will Escort, Insure Oil Tankers Amid the Iran War
- Meta Loses Insurance for Defense in Major Social Media Addiction Litigation
- ‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War
- FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings
- Carriers Using AI for Claims But Adoption is Fragmented, Report Shows
- The Right Appraiser or Umpire for The Insurance Appraisal Process
- Lloyds Wins Discrimination Suits Over Pro-Palestine Posts Despite ‘Heavy Handed’ Disciplinary Action