Musk agrees to settle lawsuits over 2024 election lottery
· Politics · United States
Elon Musk and his America PAC political action committee agreed to settle two proposed class actions alleging the billionaire defrauded residents in closely contested states before the 2024 US election by promising voters a lottery-style daily $1 million giveaway. The settlement resolves legal claims over the controversial giveaway, which drew scrutiny over whether it violated election laws. Terms were not disclosed.
Why it matters:The settlement closes a legal challenge over whether wealthy donors can use cash giveaways to influence elections.
Key points
- Musk and America PAC agreed to settle two class actions
- The lawsuits alleged fraud over a $1 million daily giveaway before the 2024 election
- Terms of the settlement were not disclosed
Sources (original reporting)
More stories from this day
- Netflix names Peter Rice content chief as Bajaria departs
- Musk gives $158 million to GOP super PAC for Senate races
- Meta releases open AI model Muse Spark for coding tasks
- Anthropic tempers IPO valuation expectations as revenue slows
- AI stock selloff deepens on debt and inflation worries
- Penske Automotive to go private in $16.3 billion deal with Mitsui