Elon Musk Criticizes Advertisers for Withdrawing from X Over Hate Speech

         

Elon Musk expressed frustration towards advertisers who stopped spending on his social media platform X in response to hate speech. He also apologized for endorsing an antisemitic conspiracy theory.

Musk’s Response to Advertisers

Billionaire Elon Musk criticized advertisers for halting spending on his social media platform X in response to antisemitic and other hateful material, calling it ‘blackmail’ and telling them to go away.

Apology for Antisemitic Conspiracy Theory

During an on-stage interview at The New York Times DealBook Summit, Musk apologized for endorsing an antisemitic conspiracy theory in response to a post on X that contributed to the advertiser exodus.

Accusations and Advertiser Exodus

Musk has been accused by the Anti-Defamation League and others of tolerating antisemitic messages on the platform, which has gained increased scrutiny since the Israel-Hamas conflict. Big brands, including Disney and IBM, ceased advertising on X due to their ads appearing alongside hateful content.

Legal Action Against Media Matters

Additionally, X has filed a lawsuit against Media Matters, alleging that the nonprofit manufactured a report to drive advertisers away and harm the company.

Recent Activities

Musk’s comments come shortly after a visit to Israel, where he toured a kibbutz attacked by Hamas militants and held discussions with top leaders.

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