Elon Musk’s X settles Trump’s lawsuit over Deplatforming

Social media company X agrees to pay X billionaire owner Elon Musk about $10 million to resolve the lawsuit by President Donald Trump, who was responsible for key government expenses and staff efforts. I did.

Trump was suing X, then known as Twitter, but exhausted his accounts following a riot at the U.S. Capitol by his supporters on January 6, 2021, resulting in the San Francisco Federal Court. sued the then CEO of Jack Dorsey. Twitter cited the risks of inciting further violence related to Trump’s efforts to remain in the White House after losing to former President Joe Biden in the 2020 election.

Trump alleged that Twitter violated its initial right to amend Free Speech

The Wall Street Journal first reported the settlement Wednesday.

John Kelly, one of Trump’s lawyers in the lawsuit, confirmed with CNBC that the president and X have reached a settlement.

“It’s resolved,” Kelly told CNBC.

NBC News confirmed later Wednesday that the settlement included payments of approximately $10 million per X.

CNBC requested X’s attorney for comment.

At the time of the settlement, Trump had been waiting for more than a year for the outcome of a 2022 U.S. District Court judge’s appeal to dismiss the case. On Monday, the U.S. Court of Appeals for the Ninth Circuit granted the motion. By all parties in the case to dismiss that appeal.

MetaThe Facebook and Instagram owners said on Jan. 29 that they would pay $25 million to resolve Trump’s lawsuit over the company’s decision to suspend Trump’s social media accounts after Capitol Riot.

The payment with X is as follows: Tesla CEO Musk oversees the Trump administration’s wide-ranging efforts to reduce federal spending and staffing levels as Doge’s head or the government’s efficiency department.

Musk, who spent more than $250 million to win the election in the White House in a second term, bought Twitter in October 2022 for $44 billion.

Musk revived Trump’s X account in November 2022.