Patrocinado

‘It’s going to kill the company’: Elon Musk launches F-bomb-filled tirade against giants like Disney for stripping ads from X over his endorsement of an antisemitic post

0
3K

Elon Musk, the billionaire owner of X (formerly Twitter), has delivered a stark message to advertisers boycotting the platform over his endorsement of an antisemitic post: “Go f— yourself!”

‘It’s going to kill the company’: Elon Musk launches F-bomb-filled tirade against giants like Disney for stripping ads from X over his endorsement of an antisemitic post

‘It’s going to kill the company’: Elon Musk launches F-bomb-filled tirade against giants like Disney for stripping ads from X over his endorsement of an antisemitic post.

Don’t miss

  • Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfolio without the headache of being a landlord

  • Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds

  • Save big on your holiday shopping with an app that’s already saved Americans $160 million

In a tricky exchange with journalist Andrew Ross Sorkin at the 'New York Times' DealBook Summit,' on Nov. 30, Musk dropped several f-bombs against companies who have stopped advertising on the social media platform.

‘If somebody’s going to try and blackmail me with advertising, blackmail me with money — go f— yourself,” he said, specifically calling out Walt Disney (DIS) CEO Bob Iger, who earlier in the DealBook Summit had said associating with Musk and X was “not necessarily a positive” for Disney.

“What this advertising boycott is going to do is it’s going to kill the company,” said Musk, with the warning: “The whole world will know that advertisers killed the company, and we will document it in great detail.”

What caused the advertising boycott?

Musk has faced a torrent of criticism after re-sharing an X post in November that claims Jewish people are stoking hatred against white people. Musk also added the comment: “You have said the actual truth.”

In response, many major U.S. companies — including Apple (AAPL), Coca-Cola (KO), Warner Bros Discovery (WBD) and NBCUniversal parent Comcast (CMCSA) and many more — suspended their ads on X.

Read more: Thanks to Jeff Bezos, you can now use $100 to cash in on prime real estate — without the headache of being a landlord. Here's how

Even the White House weighed in on Musk’s post, stating: “We condemn this abhorrent promotion of Antisemitic and racist hate in the strongest terms.”

Musk did apologize at the DealBook Summit, describing his actions as “foolish” and admitting he had “handed a loaded gun” to both detractors and antisemitic people by sharing the controversial post with his 165 million followers.

But that did not stop the Tesla (TSLA) CEO from launching a profanity-laced tirade against the advertisers that have left the social media platform.

And when Sorkin presented the idea that Musk may actually be the one who will cause the downfall of X, and that advertisers are leaving the platform because they “didn’t feel comfortable” being associated with his “inappropriate” posts, Musk simply replied: “Let’s see how Earth responds to that.”

A painful price to pay

The advertising freezes on X could cost the company as much as $75 million in advertising revenue by the end of the year, according to internal documents viewed by The New York Times.

U.S. advertising on the platform is down nearly 60% this year — a dramatic decline that chief executive Linda Yaccarino is trying to turn around.

In an X post after Musk’s explosive interview on Wednesday, Yaccarino wrote: “My perspective when it comes to advertising: X is standing at a unique and amazing intersection of Free Speech and Main Street — and the X community is powerful and is here to welcome you. To our partners who believe in our meaningful work — Thank You.”

 

Patrocinado
Pesquisar
Patrocinado
Categorias
Leia Mais
Literature
Electric Cargo Bikes Market: Industry Analysis and Forecast (2024-2030)
Global Electric Cargo Bikes Market: Trends, Growth, and Future Outlook The global Electric...
Por Rishikeshmmr 2024-12-02 08:22:59 0 2K
News
What Navy destroyers bring to the Red Sea fight
Since the Israel-Hamas war began on Oct. 7, Iran-backed Houthi rebels in Yemen have launched...
Por Ikeji 2024-03-15 03:43:05 0 2K
News
Volatile Corrosion Inhibitors Vci Packaging Market, Growth, SWOT Analysis and Growth Prospects Till 2032
Volatile Corrosion Inhibitors Vci Packaging Market Overview Volatile Corrosion Inhibitors Vci...
Por davidblogs30 2024-12-17 10:11:23 0 2K
Art
Exploring Hyderabad Call Girl Services: Discretion, Luxury, and Companionship
Hyderabad, a bustling metropolis known for its rich history, vibrant culture, and fast-growing...
Por sharmadeepakshi176 2025-02-01 11:55:27 0 2K
Outro
Antimicrobial Powder Coating Market 2023 Industry Analysis, Opportunities, Segmentation & Forecast To 2032
Introduction: In recent years, the global antimicrobial powder coating market has...
Por shubham7007 2023-12-13 04:04:57 0 3K
Patrocinado
google-site-verification: google037b30823fc02426.html