X Corp Agrees to Pay Approximately $10 Million in Settlement with Donald Trump
Agreement follows legal actions against social media platforms stemming from Trump's account suspensions after the Capitol riot.
X Corp, the social media platform owned by Elon Musk, has reportedly agreed to pay around $10 million to settle a lawsuit filed by former U.S. President Donald Trump against the company and its former CEO.
This agreement makes X the second social media platform to reach a settlement with Trump regarding the suspension of his accounts following the January 6, 2021, insurrection at the U.S. Capitol.
Last month, Meta Platforms announced it had settled a similar lawsuit brought by Trump for approximately $25 million.
Trump's legal actions, initiated in July 2021, included claims against X, Facebook, and Alphabet, accusing them and their former executives of violating his rights by allegedly suppressing conservative voices.
According to a report from The Wall Street Journal, which cites sources familiar with the matter, Trump’s legal team had been gradually attempting to withdraw the lawsuit against X, largely due to the close relationship between Trump and Musk, which includes Musk’s $250 million contribution to Trump's presidential campaign.
Musk, who is also the CEO of Tesla, has been overseeing government efficiency initiatives through the newly established Office of Management and Budget within the White House, aimed at dramatically reducing federal bureaucracy.
The Wall Street Journal further noted that Trump's attorneys are expected to seek a similar settlement with Google, which suspended Trump's access to YouTube following the Capitol riots in 2021. Requests for comments from X, its former CEO Jack Dorsey, Alphabet, and the White House went unanswered by Reuters.
This agreement makes X the second social media platform to reach a settlement with Trump regarding the suspension of his accounts following the January 6, 2021, insurrection at the U.S. Capitol.
Last month, Meta Platforms announced it had settled a similar lawsuit brought by Trump for approximately $25 million.
Trump's legal actions, initiated in July 2021, included claims against X, Facebook, and Alphabet, accusing them and their former executives of violating his rights by allegedly suppressing conservative voices.
According to a report from The Wall Street Journal, which cites sources familiar with the matter, Trump’s legal team had been gradually attempting to withdraw the lawsuit against X, largely due to the close relationship between Trump and Musk, which includes Musk’s $250 million contribution to Trump's presidential campaign.
Musk, who is also the CEO of Tesla, has been overseeing government efficiency initiatives through the newly established Office of Management and Budget within the White House, aimed at dramatically reducing federal bureaucracy.
The Wall Street Journal further noted that Trump's attorneys are expected to seek a similar settlement with Google, which suspended Trump's access to YouTube following the Capitol riots in 2021. Requests for comments from X, its former CEO Jack Dorsey, Alphabet, and the White House went unanswered by Reuters.
