Loss of seven and a half million dollars due to one tweet on Jews! Elon Musk's 'X' gets a big shock

Elon Musk's social media company 'X' (formerly Twitter) may suffer a loss of about $75 million by the end of this year. Actually, this loss will be in the advertising revenue of the company because many big companies have stopped their marketing campaigns on Christmas. According to media reports, all this is happening due to a tweet by Elon Musk, for which Musk has been accused of being anti-Semitic.

Many big companies stopped their marketing campaigns on X
Let us tell you that Elon Musk had recently supported an anti-Semitic social media post. Due to which Musk was accused of promoting anti-Semitism. The US government also criticized it. Now news is coming that many big companies including Walt Disney and Warner Brothers etc. have stopped their marketing campaigns on X. According to American media reports, more than 200 ad units have been stopped this week alone, which include advertisements of big companies like Airbnb, Amazon, Coca Cola and Microsoft.

X sued
It is being told that the company's revenue of $11 million is currently in danger and this figure may increase or decrease as there are reports that some companies which have stopped their marketing on Campaign expenses can also increase. Meanwhile, X has sued media watchdog group Media Matters. X alleges that Media Matters is defaming the social media platform X. In fact, Media Matters had run a report in which it was alleged that many big brands like Apple and Oracle etc. were displayed near posts related to Adolf Hitler and the Nazi Party. Let us tell you that ever since Elon Musk acquired Ax, the advertising revenue of Ax has declined. This is due to Musk reducing content moderation, which has led to an increase in the number of hateful posts on X.

There is controversy over this tweet
In fact, recently a video against anti-Semitism was posted on X. Responding to this post, a user wrote that the Jewish community is promoting the same dialectical hatred against white people that they want people to stop using against them. Elon Musk liked this post and while reacting to it he wrote, 'You have told the real truth.' This tweet by Musk was seen as anti-Semitism and he was criticized a lot for it.