Advertisers Abandon X Amidst Elon Musk's Controversial Interview Fallout

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Source: CNBC
Advertisers Abandon X Amidst Elon Musk's Controversial Interview Fallout
Photo: CNBC
TL;DR Summary

Walmart has announced that it will no longer advertise on social media platform X, formerly known as Twitter, due to concerns over antisemitic content and the platform's association with Elon Musk. This comes as X has faced a growing exodus of advertisers since Musk acquired the company in October 2022. Major brands such as Apple, Walt Disney, and Warner Bros Discovery have also suspended their ads on X following reports of ads appearing next to antisemitic posts.

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