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Elon Musk’s X settles multiyear legal battle with the World Federation of Advertisers

Wednesday, July 29, 2026


X and the World Federation of Advertisers settled a lawsuit filed in 2024, according to reports from January 2026. X had alleged the WFA organized a coordinated reduction in advertising spending on the platform following Elon Musk's 2023 acquisition of the social network for 44 billion dollars. Terms of the settlement were not disclosed.

Original reporting: https://techcrunch.com/2026/07/29/elon-musks-x-settles-multiyear-legal-battle-with-the-world-federation-of-advertisers/

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