Big blow to Elon Musk due to one tweet, loss could be worth billions!

Business Desk: Billionaire businessman Elon Musk often remains in the headlines for his many decisions. He always interacts with users through tweets on social media site X, but this time a single tweet may prove costly for him. Due to this, Elon Musk’s company According to media reports, many major brands are stopping their marketing campaigns. Actually, all this has happened because of a post by Elon Musk. Let us tell you that Elon Musk recently supported an anti-Semitic social media post.

This allegation was made
Regarding this, Musk was accused of promoting anti-Semitism. The US government also criticized it. More than 200 ad units from companies like Airbnb, Amazon, Coca-Cola, Microsoft and the like have paused or are considering pausing their ads on X, according to internal documents seen this week by The New York Times.

Several companies, including Walt Disney and Warner Bros. Discovery, have halted advertising on X following Musk’s support of an anti-Semitic message on X last week.

X sued
Ax has sued the non-profit organization Media Matters. The company has argued that the organization has defamed the platform in a report. According to the report, these documents belong to X’s sales team and are designed to monitor the effects of all the advertising losses incurred this month. This includes companies that have already suspended advertising and others that may be at risk of doing so.

There will be a loss
The documents detailed that X employees were concerned about how much advertising revenue the company could lose by the end of the year if advertisers did not resume their advertising.