NewzElon Musk and his political action committee, America PAC, have reached an agreement to settle two proposed class-action lawsuits. The litigation stemmed from a 2024 election initiative in which Musk promised to award $1 million daily to randomly selected individuals who signed a petition supporting his political objectives.
The lawsuits alleged that the billionaire entrepreneur defrauded residents through the distribution of these funds. The settlement concludes the legal challenges brought against Musk and his organization regarding the structure and execution of the giveaway program during the 2024 election cycle.
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