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Musk's Company X settles $128 million severance lawsuit with former Twitter executives

Musk's Company X settles $128 million severance lawsuit with former Twitter executives

CointimeCointime2025/10/08 19:45
By:Cointime

Elon Musk and X company have reached a settlement with four former Twitter executives, including former CEO Parag Agrawal. They previously sued, claiming that the promised $128 million severance package was not paid after Musk acquired the social media company and fired them. The specific terms of the settlement agreement have not been disclosed. The agreement was first made public in a document filed in the San Francisco federal court last week. A federal judge has postponed the deadline for submission and hearing of the case to October 1 to allow both parties to reach a settlement.

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