Tesla CEO Elon Musk, recently criticized for endorsing anti-Semitic comments and lashing out at advertisers choosing to pull out of advertising on his social media platform, found support from fund manager Bill Ackman.
What Happened: Ackman, expressing his views on social media platform X, owned by Musk, defended the billionaire entrepreneur’s commitment to free speech and praised his recent interview at the New York Times DealBook Summit.
“Musk is a free speech absolutist which I respect,” Ackman wrote.
Ackman said his firm, which invested in Twitter’s privatization via The Pershing Square (OTC:PSHZF) Foundation, intends to maintain its interest in X and support companies advertising on the platform.
“Whether we make a profit on our investment is not important to us as we never intend to sell our interest.”
In the interview, Musk criticized advertisers who abandoned the platform over the anti-Semitic ...