Overview

• Media Matters has accumulated about $15 million in legal liabilities from Elon Musk’s defamation suits and FTC and Republican state attorney general probes.
• Elon Musk’s lawsuit over a 2023 report on ads placed next to extremist content remains active in U.S., Irish and Singaporean courts after he refused settlement offers.
• The Federal Trade Commission opened an investigation in May into whether the nonprofit illegally coordinated advertiser boycotts of X.
• Internal documents show the group has cut staff and lost major donors, prompting executives to consider bankruptcy or shutting down.
• Earlier probes by Texas and Missouri attorneys general were blocked or dropped but still cost the group nearly $2 million in defense fees.