X, the social media platform owned by Elon Musk, has agreed to settle a lawsuit from President Donald Trump over censorship allegations following the January 6, 2021, insurrection.
Forbes reported the settlement fee as $10 million.
After the January 6, 2021, Capitol riot, X, then known as Twitter, permanently suspended his @realDonaldTrump account, while Meta banned him from Facebook and Instagram for two years.
Trump sued the platforms for being unfairly censored.
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X is the second major social media platform to mend the legal fracture with Trump.
Last month, Trump signed a settlement agreement to end Meta’s lawsuit.
Meta is reported to pay roughly $25 million – of which $22 million would go toward a fund for Trump’s presidential library.
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Since Trump won the election, tech leaders have worked to score points with the US president whom they were previously vocal against during his first term.
At the time, Musk had described Trump as “unfit” to run the United States, however, the tech billionaire now leads a new federal agency –under the US president — dubbed the Department of Government Efficiency (DOGE).
The world’s richest man also played a significant role in Trump’s campaign leading to him winning the presidential election.
Mark Zuckerberg, Meta’s chief executive officer (CEO), did not endorse Trump in the leadup to the election but Meta donated $1 million to Trump’s inaugural fund.
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Musk and Zuckerberg were among several tech billionaires present during Trump’s inauguration last month.
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