X, the social media platform owned by Elon Musk, has agreed to pay around $10 million to settle a lawsuit brought by President Donald Trump regarding his suspension from Twitter following the January 6, 2021 riots. Trump's legal team argued that the suspension infringed upon his First Amendment rights, a case that was initially dismissed but later appealed. The settlement follows a similar agreement between Trump and Meta, which paid $25 million. Notably, Musk's relationship with Trump influenced the settlement, reflecting their intertwined political and business interests.
X has reached a settlement with President Donald Trump, agreeing to pay approximately $10 million over his suspension from Twitter after the January 6 riots.
The lawsuit claimed that Trump's suspension violated his First Amendment rights. A judge dismissed the case in 2022, but an appeal was filed.
The settlement is significant given Elon Musk's close ties to Trump, as Musk reinstated Trump's account after taking over X in 2022.
Meta paid $25 million to Trump related to a similar lawsuit, which will contribute to building his presidential library.
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