On February 13, according to people familiar with the matter, Musk’s X company (formerly Twitter) has agreed to pay about $10 million to settle Trump’s previous lawsuit, making X company the second social media to reach a settlement with Trump.

Previously, due to Trump’s involvement in the “January 6” Capitol riots, several social platforms suspended his account. Trump and other plaintiffs filed a lawsuit against Twitter and its CEO Jack Dorsey in 2021 (when Twitter was not acquired by Musk). Musk unblocked Trump’s Twitter account in November 2022. According to some people familiar with the matter, the Trump team considered letting the lawsuit fade away on the grounds that Musk had a close relationship with the president and that he spent $250 million to help Trump get elected. But in the end, it decided to move forward with the settlement. A spokesperson for X company did not respond.

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