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Elon Musk And X Settle $128 Million Severance Dispute
Cheddar News
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3 months ago
Elon Musk and X have settled a lawsuit with former Twitter executives over $128 million in severance allegedly unpaid since Musk’s 2022 acquisition of Twitter.
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Elon Musk and X have settled a lawsuit with former Twitter executives over $128 million
00:06
in severance, allegedly unpaid, since Musk's acquisition of the platform in 2022.
00:12
The executives claim Musk withheld payments as revenge for being forced to complete the
00:17
$44 billion deal, which he initially attempted to exit.
00:22
A court order signed October 1st in California confirmed the settlement, delaying depositions
00:27
to allow both parties to meet settlement conditions, though the terms remain undisclosed.
00:32
The lawsuit referenced Walter Isaacson's biography, suggesting Elon Musk's decision to fire the
00:38
executives was based on unsubstantiated causes.
00:42
Musk also previously settled a separate severance lawsuit with other former employees in August.
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