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Elon Musk's Controversial Behavior Costs X Major Advertisers

Musk's endorsement of an antisemitic conspiracy theory leads to an estimated $75 million in lost ad revenue for the quarter.

  • Elon Musk, owner of the social media platform X, formerly known as Twitter, has faced backlash from advertisers after endorsing an antisemitic conspiracy theory.
  • Major companies such as Disney, Paramount Global, Apple, Warner Bros, and IBM have pulled their advertising from X.
  • Musk has responded defiantly, telling advertisers to 'go f**k yourself' and warning that the boycott could 'kill the company'.
  • Musk's controversial behavior on X has reportedly cost the platform an estimated $75 million in lost ad revenue for the quarter.
  • X is now trying to attract small businesses to replace the lost advertising revenue.
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