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home / articles / TECH - Elon Musk Accuses Anti-Defamation League Of Damaging X: Alleges $22B Hit Due To Anti-Semitism Accusations | Benzinga


TECH - Elon Musk Accuses Anti-Defamation League Of Damaging X: Alleges $22B Hit Due To Anti-Semitism Accusations | Benzinga

Elon Musk seems to be preparing for a legal battle against the Anti-Defamation League or ADL, alleging $22 billion in damages, accusing the Jewish non-governmental organization that seeks to fight anti-semitism and extremism around the world, of sabotaging his social media platform, X, through false contention of anti-Semitism.

What Happened: In a series of fiery posts on Monday, Musk said that the ADL is somewhat responsible for a 60% plummet in X’s advertising revenue, referring to what he stated are the organization’s unfounded allegations of anti-Semitism.


See Also: Elderly Layoffs At Elon Musk’s X? Lawsuit Targets Age Discrimination Amidst Major Cuts

The dispute centered on the ADL’s allegations that X, formerly Twitter, has failed to curb hate speech and extremist content on the platform since Musk acquired the microblogging site for $44 billion last year. 


Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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