Musk's X company agrees to pay 10 million dollars to settle the lawsuit brought by Trump

Insiders revealed that X Company, under Musk (formerly known as Twitter), has agreed to pay approximately $10 million to settle a lawsuit brought by Trump against the company and its former CEO. This will make X Company the second social media platform to reach a settlement with Trump. Previously, due to Trump's involvement in the "January 6th" Capitol riot, these platforms temporarily suspended his account usage. In 2021 (when Twitter was not yet acquired by Musk), Trump and other plaintiffs sued then-Twitter and its CEO Jack Dorsey. In November 2022, Musk unblocked Trump's Twitter account. According to some insiders, the Trump team had considered letting the lawsuit fade away because of Musk's close relationship with the president and his expenditure of $250 million in helping electing Trump. But they ultimately decided to proceed with a settlement. A spokesperson for X Company did not respond.