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Elon Musk listens to the president of the United States, Donald Trump, speaks at the Oval Office of the White House in Washington, DC, USA, February 11, 2025.
Kevin Lamarque | Reuters
Social Network Company unknown has agreed to pay around $ 10 million to solve a lawsuit by the president Donald Trumpthat has put the billionaire owner of X ELON ALMIZCLE in charge of a great cost and personnel of the reduction of personnel, The Wall Street Journal reported on Wednesday.
Trump had defendant X, then known as Twitterand his then CEO Jack DORSEY in the Federal Court of San Francisco for depliating his account after January 6, 2021, riots in the United States Capitol for his followers. Twitter had cited the risk of Trump inciting greater violence related to his effort to remain in the White House after his loss before the former presidingT Joe Biden in the 2020 elections.
Trump said Twitter had violated his right of the first amendment to freedom of expression.
John Kelly, one of Trump’s lawyers in the lawsuit, confirmed Wednesday that the president and X reached an agreement.
“It’s resolved,” Kelly told CNBC. He said he could not confirm the details of the agreement.
CNBC has requested comments from a lawyer for X.
At the time of the agreement, Trump had been waiting for more than a year for the result of an appeal of the dismissal of his claim by a federal judge of the District Court in 2022. On Monday, the Court of Appeals of the States United of the ninth granted a motion by all parties in the case to dismiss that appeal.
GoalFacebook and Instagram owner on January 29 said it would pay $ 25 million To resolve Trump’s demand on the decision of that company to suspend Trump’s social media accounts after the Capitol’s uproar.
The agreement with X comes as Tesla The CEO Musk supervises the broad effort of the Trump administration to reduce the expenditure and personnel of the Federal Government as Chief of Dux, or the Government Efficiency Department.
Musk, who spent more than $ 250 million to help Trump win the elections to a second mandate in the White House, bought Twitter in October 2022 for $ 44 billion.
Musk restored Trump’s X in November 2022.
