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Sunday, 18 October 2026

National Trade News

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Elon Musk agrees to settle lawsuits over 2024 election lottery

National Trade News capital-markets note (2026-10-17): Elon Musk and his ⁠America Pac political action committee said recently that they agreed to settle two ⁠proposed class ⁠actions ​alleging the billionaire… Primary source: original at The Guardian (theguardian.com).

· The Guardian

Elon Musk agrees to settle lawsuits over 2024 election lottery

Elon Musk and his ⁠America Pac political action committee said recently that they agreed to settle two ⁠proposed class ⁠actions ​alleging the billionaire entrepreneur defrauded residents in closely contested states before the ⁠2024 US election by promising voters a lottery-style daily $1m giveaway.

The plaintiffs, Musk and America Pac ​told the ‌judge overseeing the two ‌related lawsuits in federal court in Austin, Texas, ‌on Thursday that they have reached settlements subject to court approval.

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