Elon Musk's Twitter Settles Trump's Lawsuit for $10 Million

X, formerly known as Twitter, has agreed to pay approximately $10 million to settle a lawsuit filed by former President Trump. This settlement makes X the second social media platform to reach an agreement with Trump following similar actions taken by other platforms in response to his involvement in the "January 6th" Capitol riot.

In 2021, Trump and other plaintiffs filed a lawsuit against the then-Twitter and CEO Jack Dorsey, alleging that the platform's suspension of his account was a violation of his First Amendment rights. Musk, who acquired Twitter in 2022, unblocked Trump's account in November of the same year. Despite initial considerations to let the lawsuit fade away due to Musk's close relationship with the president and his financial support for Trump's election campaign, the Trump team ultimately decided to proceed with the settlement.

The settlement comes amidst a broader trend of social media platforms grappling with the consequences of content moderation and the balance between free speech and public safety. As the legal landscape surrounding these issues continues to evolve, companies like X must navigate complex challenges in order to maintain user trust and comply with relevant laws and regulations.