[Musk Reaches Settlement in Long-Term Legal Dispute with X Advertisers] BlockBeats News, July 29, according to the Financial Times, Musk has reached a settlement in a long-term legal dispute with X advertisers. The dispute originated in 2022 after Musk acquired Twitter, when numerous advertisers significantly reduced spending due to concerns over content safety and compliance, leading to a roughly 50% decline in X's advertising revenue. X filed a lawsuit against the advertisers' coalition in 2024, alleging illegal boycotting. In March 2026, a U.S. judge dismissed the case on the grounds of lacking antitrust damages, bringing the litigation to an end.