Odaily Planet Daily News According to people familiar with the matter, Musk's X Company (formerly Twitter) has agreed to pay about $10 million to settle Trump's lawsuit against the company and its former CEO. This will make X Company the second social media to reach a settlement with Trump.
Previously, these platforms suspended Trump's account because he was caught up in the "January 6" Capitol riots. Trump and other plaintiffs filed a lawsuit against Twitter and its then CEO Jack Dorsey in 2021 (when Twitter was not acquired by Musk).
Musk unblocked Trump's Twitter account in November 2022. According to some people familiar with the matter, the Trump team considered letting the lawsuit fade away, arguing that Musk had a close relationship with the president and that he spent $250 million to help Trump get elected. But in the end they decided to move forward with the settlement. A spokesperson for X Company did not respond. (Jin Shi)