X Settles Severance Lawsuit with Former Twitter Executives
Elon Musk and X have reached a settlement with four former Twitter executives who alleged they were owed $128 million in severance pay following Musk’s acquisition of the company in 2022. The executives, including the former CEO, claimed Musk falsely accused them of misconduct to avoid paying the promised severance. While the terms of the settlement remain undisclosed, this agreement follows a similar settlement with rank-and-file employees over unpaid severance. These legal battles are a part of a larger set of challenges Musk has faced since acquiring and restructuring the social media platform.
John Q. Hosedrinker