Elon Musk's X Corp reaches settlement with former Twitter executives over $128 million severance lawsuit

BlockBeats News, October 9, Elon Musk and X Corp have reached a settlement with four former Twitter executives, including former CEO Parag Agrawal. These executives had previously filed a lawsuit claiming that, after Musk acquired the social media company and dismissed them, the promised $128 million severance payment was not made. The specific terms of the settlement agreement have not been disclosed. The agreement was first made public last week in a filing in federal court in San Francisco. A federal judge postponed the case's submission deadline and hearing on October 1 to allow both parties to finalize the settlement.