WASHINGTON (AP) - President Donald Trump has settled a lawsuit against Elon Musk's X over the social media platform, formerly known as Twitter, banning him after the Jan. 6, 2021 attack on the Capitol, according to a person familiar with the matter.
Trump settles suit against Elon Musk’s X over his post-Jan. 6 ban
WASHINGTON (AP) - President Donald Trump has settled a lawsuit against Elon Musk's X over the social media platform, formerly known as Twitter, banning him after the Jan. 6, 2021 attack on the Capitol, according to a person familiar with the matter.
The settlement was for about $10 million, the person said, speaking on the condition of anonymity to discuss the confidential arrangement. Some of the money was expected to go to Trump’s legal fees, with the balance directed to his future presidential library. It's the latest instance of a large corporation agreeing to make large payments to the president to settle litigation, as Trump has threatened retribution on his critics and rivals.
The Wall Street Journal was first to report on the settlement. X didn't immediately respond to a request for comment.
Musk, who bought Twitter in 2022 and renamed it to X, spent more than $200 million helping boost Trump’s 2024 presidential effort and has joined the administration to lead Trump’s efforts to radically shrink and transform the federal bureaucracy.