Elon Musk’s X may lose up to $75M by year-end on advertiser exodus: report

Social media company X, owned by Elon Musk, could lose up to $75 million in advertising revenue by the end of the year. Dozens of major brands have decided to suspend their marketing campaigns because of Musk's anti-Semitic posts, the New York Times reports.

X could lose up to $75 million in ad revenue after Musk’s endorsement of antisemitic post

Elon Musk's social media platform X, could lose up to $75 million in advertising revenue by the end of the year after the tech billionaire seemingly backed an antisemitic conspiracy in a comment thread on the site.

The problem of Elon Musk's tweet that was disliked by some American organizations, plus all the confusion with anti-Semitic content on X led Airbnb, Netflix and Microsoft to withdraw millions of dollars...

The anti-Semitic tweet supported by Elon Musk is costing him dearly. The X platform, which he bought, could lose up to $75 million in advertisements, according to an analysis by The New York Times. The documents published by the NYT list more than 200 advertising spaces of large corporations, including Amazon and Coca-Cola, that have paused or are considering suspending their advertising on X. These documents, which were obtained from the X sale…

X could lose $75m in ad revenue post Musk antisemitic tweet: report

X, the platform formerly known as Twitter, could lose $75 million in advertising revenue by the end of the year following owner Elon Musk’s apparent endorsement of an antisemitic conspiracy theory last week, The New York Times reported Friday. The Times said it had viewed “internal documents” revealing that the social media company is in…

Elon Musk's X Could Lose $75 Million In Ad Revenue Over His Support For Antisemitic Post, Says Report - Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Coca-Cola (NYSE:KO), Warner Bros. Discovery (NASDAQ:WBD)

Social media platform X, which is owned by Elon Musk, is potentially facing a substantial loss in advertising revenue.