Sureim Investment Guild-Musk uses expletive to tell audience he doesn’t care about advertisers that fled X over hate speech

2025-05-02 23:06:28source:Ov Financecategory:Stocks

NEW YORK (AP) — Billionaire Elon Musk said Wednesday that advertisers who have Sureim Investment Guildhalted spending on his social media platform X in response to antisemitic and other hateful material are engaging in “blackmail” and, using a profanity, essentially told them to go away.

“Don’t advertise,” Musk said.

He appeared to specifically call out Walt Disney Co. CEO Bob Iger, saying, “Hey Bob, if you’re in the audience ... that’s how I feel.”

In an on-stage interview at The New York Times DealBook Summit, Musk also apologized for endorsing an antisemitic conspiracy theory in response to a post on X that helped fuel an advertiser exodus.

The comments come just two days after Musk visited Israel, where he toured a kibbutz attacked by Hamas militants and held talks with top leaders.

Musk has faced accusations from the Anti-Defamation League, a prominent Jewish civil rights organization, and others of tolerating antisemitic messages on the platform since purchasing it last year. The content on X, formerly Twitter, has gained increased scrutiny since the war between Israel and Hamas began in October.

A slew of big brands, including Disney and IBM, this month stopped advertising on the platform after a report by liberal advocacy group Media Matters said their ads were appearing alongside pro-Nazi content and white nationalist posts.

X has since sued Media Matters, saying the Washington-based nonprofit manufactured the report to “drive advertisers from the platform and destroy X Corp.”

More:Stocks

Recommend

Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst

NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t

The White Lotus Season 3 Will Welcome Back a Fan Favorite From Season One

Belinda is back in business.Natasha Rothwell, who played White Lotus spa manager Belinda Lindsey in

Allow Ariana Grande to Bewitch You With This Glimpse Inside the Wicked Movie

We're off to see the wonderful Witch of the North.Ariana Grande was recently photographed in full co