Elon Musk’s social media platform X will pay Donald Trump $10m to settle a lawsuit the president filed after he was banned from the platform following the January 6 attack at the US Capitol, according to a report.
After Musk purchased X, reinstated Trump’s account, began developing a relationship with the president and spent $250m on his re-election campaign, Trump’s legal team considered abandoning the lawsuit, the Wall Street Journal reported, citing people familiar with the case.
In January, Meta agreed to pay the president $25m – including $22m to Trump’s presidential library – to settle a similar lawsuit after Facebook suspended Trump’s account.
Trump’s lawsuit against X stems from the president’s use of the platform, then still called Twitter, to spread falsehoods after he lost the 2020 election.
President brought suit under X’s previous leadership after he was banned from platform following January 6 riot.
