Musk, X Corp. Strike Deal in Another Twitter Severance Lawsuit

Elon Musk and X Corp. reached a settlement with three former high-level Twitter Inc. employees who say they were wrongly denied more than $53 million in severance after Musk’s takeover of the company.

The parties announced the deal in a Wednesday court filing asking Judge Jacqueline Scott Corley to pause the case. Their three-page status report didn’t include details about the terms of the agreement, and attorneys for the parties didn’t immediately respond to inquiries about the deal.

The move comes six weeks after Musk and X announced plans to settle a proposed class action claiming about ...