Elon Musk’s company X has agreed to pay President Donald Trump $10 million to settle a lawsuit stemming from the early days of Twitter, according to reports. The lawsuit centered on Twitter’s decision to ban Trump following the January 6 US Capitol storming. Despite his closer relationship with Musk, which has grown since 2022, Trump pursued settlement talks. Musk reinstated Trump’s account in 2022 and spent $250 million on Trump’s 2024 presidential campaign. A similar lawsuit against Meta was settled for $25 million in January.
Source: https://techcrunch.com/2025/02/12/elon-musks-x-will-pay-trump-10m-to-settle-lawsuit-over-2021-ban