Elon Musk’s X to pay $10M to settle Trump lawsuit over Jan. 6 suspension: report

Elon Musk’s social media platform X has agreed to pay about $10 million to settle a lawsuit that President Trump brought against the company and its former chief executive, the Wall Street Journal reported Wednesday.

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.

Donald Trump filed the lawsuit in 2021 against the company, then called Twitter, and its CEO at the time, Jack Dorsey. Above, Trump with Elon Musk in the Oval Office on Tuesday. REUTERS

But they ultimately moved forward with the settlement, it reported.

X did not immediately respond to a Reuters request for comment.

X and Twitter logos — 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. AFP via Getty Images

Last month, Meta Platforms 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 US Capitol.

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