Elon Musk agreed to settle with four former Twitter executives, including the social media platform’s ex-leader, who had sued the billionaire for more than $128mn in severance pay after he fired them following the company’s 2022 acquisition.
Musk and X have reached an undisclosed settlement with former chief executive Parag Agrawal, former chief legal officer Vijaya Gadde, former general counsel Sean Edgett and former chief financial officer Ned Segal, according to an update to the lawsuit filed in federal court in California.
The settlement is dependent on “certain conditions” being met “in the near term”, the court filings said, which did not provide further details.
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