Elon Musk's X Faces Ad Revenue Plunge as Adam Schiff Spends $93,000 on Ads
Ad revenue at Elon Musk's X (formerly Twitter) is expected to drop significantly this year, with major advertisers like Apple and Walmart pulling their ads after Musk endorsed antisemitic views on the platform. Musk's offhand remarks at a summit, telling advertisers to "go f*** yourself," further exacerbated the situation. X's ad business has been struggling since Musk took over, with a roughly 50% drop in ad revenue. If advertisers do not return, Musk has warned that it could lead to the demise of the company.