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Elon Musk is a multi-billionaire but has he peaked with X formerly Twitter? The latest stink is his embracing antisemitic conspiracy theories. Embracing conspiracy theories isn't new for Musk, but many, including advertisers, think he crossed the line by pushing antisemitic memes.
Even though Musk apologized for his support of antisemitism, his actions speak louder than words. A true apology includes both remorse and repentance. He's shown neither and, as the link below points out, has gone the other way in blaming others for his own actions.
https://www.reuters.com/technology/...o-left-x-over-antisemitic-content-2023-11-29/
Elon Musk curses out advertisers who left X over antisemitic content
Even though Musk apologized for his support of antisemitism, his actions speak louder than words. A true apology includes both remorse and repentance. He's shown neither and, as the link below points out, has gone the other way in blaming others for his own actions.
https://www.reuters.com/technology/...o-left-x-over-antisemitic-content-2023-11-29/
Elon Musk curses out advertisers who left X over antisemitic content
Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to "Go fuck yourself" in a fiery Wednesday interview.
His profanity-laced remarks followed a moment of contrition in a New York Times DealBook Summit interview. Musk said repeatedly he was sorry for publishing a tweet on Nov. 15 that agreed with an anti-Jewish post.
Musk has faced a torrent of criticism ever since he agreed with a user who falsely claimed Jewish people were stoking hatred against white people. Musk in his post said the user, who referenced the "Great Replacement" conspiracy theory, was speaking "the actual truth."
On Wednesday Musk said he had "handed a loaded gun" to both detractors and antisemitic people, describing his post as possibly the worst he had made during a history of messages that included many "foolish" ones....
..."If somebody's gonna try to blackmail me with advertising, blackmail me with money? Go fuck yourself," he said.
"Go. Fuck. Yourself. Is that clear? I hope it is. Hey, Bob, if you're in the audience," he added, in an apparent reference to Robert Iger, chief executive of Walt Disney (DIS.N), which pulled ads on X. Iger spoke earlier at the event and said that Disney felt the association with X following Musk's move "was not a positive one for us". A spokesperson from Disney did not immediately respond to a request for comment.
"What I care about is the reality of goodness, not the perception of it. And what I see all over the place is people who care about looking good while doing evil. Fuck them," Musk said.
Musk's expletives against advertisers is the "closing chapter" for brands doing business with X, said Lou Paskalis, founder of marketing consultancy AJL Advisory and the former head of global media at Bank of America. "They're not going to forget that," he said....
...Following the post, major U.S. companies including Walt Disney (DIS.N), Warner Bros Discovery (WBD.O) and NBCUniversal parent Comcast (CMCSA.O) suspended their ads on X. A report from liberal watchdog group Media Matters precipitated the advertiser exit, which said it found ads next to posts that supported Nazism. The platform filed a lawsuit last week against Media Matters for defamation.
Musk himself appeared resolved that X could fail financially and blamed advertisers.
"If the company fails because of advertiser boycott, it will fail because of an advertiser boycott. And that will be what bankrupt the company and that's what everybody on earth will know," he said. "Let the chips fall where they may."