Elon Musk to Compensate Trump with $10 Million Over Twitter Suspension

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Elon Musk's social media platform, X (formerly Twitter), has reached a settlement to pay Donald Trump approximately $10 million following the suspension of Trump's account after the January 6, 2021, Capitol riot. According to The Wall Street Journal, Musk, a major donor to Trump's political campaign, agreed to the payout, which comes amid growing ties between the two figures.

Trump's initial lawsuit against Twitter was dismissed by a lower court, but after appealing, negotiations for an agreement moved forward. Lawyers representing both sides submitted court documents hinting at ongoing discussions toward a settlement. The judge approved the withdrawal of Trump's appeal earlier this week, although the settlement's specific terms remain undisclosed.

In a related development, Trump recently secured a $25 million settlement from Meta, which will partly fund his presidential library. Musk, now leading reforms at the Department of Government Efficiency, has faced scrutiny over potential conflicts of interest due to his close relationship with Trump and substantial financial contributions exceeding $260 million toward Trump's campaign efforts.

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