Advertisers are increasingly fleeing Elon Musk‘s X following the billionaire’s endorsement of a debunked anti-Semitic conspiracy theory. The latest is the Washington Post, joining the ranks of Apple Inc. (NASDAQ:AAPL) and Walt Disney Co. (NYSE:DIS), among others.
What Happened: The decision was taken following Musk’s endorsement of the discredited "Pizzagate" conspiracy theory, reported Washingtonian.
Musk’s recent backing of an anti-Semitic conspiracy theory could reportedly cost X, formerly Twitter, over $75 million in revenue. It has also prompted some media organizations to cut ties with the platform, while the Paris mayor called it a "global sewer" and quit the platform.
The advertising ...