Key facts
- Elon Musk and America PAC agreed to settle two class-action lawsuits.
- The lawsuits alleged a promised $1 million daily lottery was used to gather petition signatures.
- The plaintiffs were Arizona residents who claimed they were misled.
- Musk founded America PAC to support Donald Trump's 2024 presidential campaign.
- Settlement terms are subject to court approval and were not disclosed.
Elon Musk and his America PAC political action committee have agreed to settle two proposed class actions that alleged the billionaire entrepreneur defrauded residents in closely contested states before the 2024 US election. The suits claimed that Musk promised voters a lottery-style daily $1 million giveaway in exchange for signing his petition to support the US Constitution. The plaintiffs, who were Arizona residents, stated they were misled by the promises. The defendants have denied the allegations. Musk founded America PAC to support Donald Trump's 2024 presidential run. A federal judge had previously ordered Musk to testify in the lawsuits, which are related and being overseen in federal court in Austin, Texas. The settlement terms are subject to court approval and were not disclosed, with lawyers involved declining to comment.