Overview

• Court filings say Elon Musk and X Corp reached an undisclosed agreement with former executives Parag Agrawal, Ned Segal, Vijaya Gadde, and Sean Edgett.
• The case centers on claims that roughly $128 million in promised severance was withheld after Musk closed the $44 billion acquisition and removed the leaders.
• The agreement is contingent on unspecified obligations being met soon, and the case is set to restart on October 31 if those conditions are not satisfied.
• A judge has pushed back deadlines and a hearing to give time to finalize the settlement, and neither side has disclosed terms.
• The suit is part of wider post-acquisition compensation litigation, including X’s separate August agreement to settle a large severance case brought by laid-off employees.