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Hateful Content

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"Elon Musk's X Faces Potential $75 Million Ad Revenue Loss Amidst Controversy"

Originally Published 2 years ago — by Mashable

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Source: Mashable

X, formerly Twitter, is at risk of losing $75 million in ad revenue by the end of 2023, as more than 200 companies have either halted ad sales or are considering doing so due to concerns over hateful content and X owner Elon Musk's public support of an antisemitic conspiracy theory. Major companies like Apple and IBM have already pulled out, while X is suing watchdog group Media Matters for reporting that ads are being shown alongside hateful content. Despite some right-wing influencers pledging financial support, it is unlikely they can cover the deficit, as Musk is one of the richest men in the world.