Musk agrees to pay Trump $10m to settle lawsuit over his Twitter ban in wake of January 6 riot [View all]
Source: The Independent
Elon Musks X has agreed to pay Donald Trump about $10 million to settle a lawsuit after the social media giant banned the president over inflammatory tweets sent during the Jan 6. riots, sources say.
Trumps legal team filed the suit against the company, which was then called Twitter, and its CEO Jack Dorsey in July 2021 after permanently suspending his account on January 8 that year due to the risk of further incitement of violence.
Trump initially mulled whether to let the lawsuit fizzle out, considering that the tech billionaire spent $250 million to aid the GOP candidates return to the White House, sources told the Wall Street Journal.
Musk, who completed the acquisition of the social media platform in October 2022, reinstated Trumps account a month after the takeover.
Sources say that the president ultimately decided to move forward with the settlement despite his close relationship with his so-called First Buddy Musk, whom he put in charge of the Department of Government Efficiency to slash bureaucracy and federal spending.
Read more: https://www.independent.co.uk/news/world/americas/us-politics/musk-trump-twitter-ban-x-lawsuit-10m-b2697555.html